Earlier today, AMR corporation, the parent company of American Airlines, announced its financial results for the third quarter of 2011. Traditionally, the third quarter is the strongest financial quarter for US airlines. However, AMR posted a net loss of $162 million, $0.48 per diluted share. This stood in contrast to their $143 million net profit in the third quarter of …

The one very confidential piece of information in the world of aviation is the price paid by an airline to an airframer for an aircraft. Along with announcments of orders, at best, the value of the order at list prices is revealed. A few days back, thanks to a minor mistake, this veil of secrecy has been penetrated. We now …