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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (620259)7/20/2011 12:21:05 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1583677
 
Extra baggage fees working?
Apparenty O isn't taxing them enough. They have money left over for planes.
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American Airlines Orders 460 New Planes From Boeing, Airbus

July 20, 2011 11:37 AM

miami.cbslocal.com

MIAMI (CBS4)- American Airlines is buying at least 460 new planes over the next five years in what it calls the biggest airline order in history, and that could have a positive affect on travel and daily operations at Miami International Airport, where the airlines has one of its main hubs.

Since making the commitment to build a major connecting hub at Miami in 1989, American’s daily operations at MIA have grown to be larger than Pan Am’s and Eastern’s were – combined – at the peak of their success, the company said.

Employment in the community has grown from 275 in 1989 people to approximately 9,000 making it one of the largest private employers in Miami-Dade County with an annual payroll that exceeds $415 million and 115,000 jobs are created through ancillary businesses. So it’s speculated that the expansion of more planes may mean more jobs.

American’s Miami Hub is a powerful economic engine that drives growth and prosperity for all of South Florida. AA contributes $6.5 billion annually to South Florida’s economy, according to the company.

And in a victory for Airbus, it’s splitting the work between the European plane maker and Boeing.

American said Wednesday it will buy 260 planes from Airbus and 200 from Boeing Co. It expects the new, better-mileage planes to provide much-needed savings on fuel costs. American’s current fleet is among the least fuel-efficient in the industry.