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Iceland fund puts heat on AMR: money manager has frequent-flier plan in sights for spinoff

Article Abstract:

Icelandic investment firm FL Group is pressuring AMR Corp., the parent of American Airlines, to examine alternatives to improve the air carrier's stock, which has dropped by nearly half since the beginning of the year. Among its recommendations, FL Group, which has an 8.3% stake in the airline, has suggested the company spin off its frequent-flier program, which is valued at approximately $6 bil compared to AMR's market capitalization value of $5.4 bil.

Author: Cimilluca, Dana
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Financial management, Organizational history, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Air Transportation, Scheduled, And Air Courier Services, Iceland, United States, Airlines, Influence, Company restructuring/company reorganization, Reorganization and restructuring, American Airlines Inc., Investor relations, AMR Corp., AMR, Company organization

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EADS shares rated 'sell': Deutsche Bank note says airline industry will be weaker in '08

Article Abstract:

A Deutsche Bank report states that commercial jet aircraft orders are expected to decline in 2008, and therefore investors should consider selling their European Aeronautic Defence and Space Company EADS N.V. shares. The report also noted that the falling dollar lowers the value of the aircraft sold by EADS unit Airbus. EADS shares dropped 7.5% to 19.20.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
Forecasts, trends, outlooks, Aircraft, Netherlands, Aircraft industry, Company business forecast/projection, Company forecasts, European Aeronautic Defence and Space Company EADS N.V., EAD

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Subjects list: Securities, Company securities
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