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AMR seen likely to try again to spin off Eagle

By DAVID KOENIG
AP Airlines Writer

   DALLAS (AP) -- The CEO of American Eagle says he expects that the regional affiliate of American Airlines will still be sold or spun off as a separate company after American emerges from bankruptcy protection.
   American's parent, AMR Corp., twice tried to unload Eagle, then shelved the idea when it filed for Chapter 11 protection last November.
   Eagle CEO Daniel Garton said in an interview with The Associated Press this week that AMR will revisit the issue and that the conclusion will likely be the same: that Eagle will be better off as a separate company.
   American believes it can save money by getting regional airlines to bid for its connecting-flight business rather than keeping the work within the AMR family at Eagle.
AMR seen likely to try again to spin off Eagle

Posted: Saturday, October 13 2012, 08:21 PM CDT

IN OKLAHOMA NEWS

Okla. lawmakers to take up tornado recovery bill
May 22, 2013 14:34 GMT

OKLAHOMA CITY (AP) -- Oklahoma lawmakers are preparing to take up legislation to appropriate $45 million in emergency funds to help pay for recovery efforts following deadly tornadoes in central Oklahoma.

Officials in the Oklahoma Senate say the chamber could take up a measure on Wednesday that would dip into the state's Rainy Day Constitutional Reserve Fund to help pay for recovery efforts. State House and Senate committees approved the measure on Tuesday. The Rainy Day fund's balance is expected to reach a record $660 million in July.

Money from the emergency fund would help local communities recover from a tornado that struck Moore on Monday, killing at least 24 people. A separate tornado on Sunday left two dead in Shawnee.

Gov. Mary Fallin issued an emergency declaration for 16 Oklahoma counties on Sunday.

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