American Airlines has no plans to divest its American Eagle regional subsidiary, says American chief executive Doug Parker today.
The regional carrier will continue operating as part of the group, and will continue to play an important role, he tells reporters on the sidelines of a Oneworld event in Sao Paulo today. US Airways, now part of American, was officially inducted into the alliance today.
American's former management had expressed intentions to divest American Eagle, before the plans were put on hold when parent AMR filed for bankruptcy protection in November 2011. It then subsequently merged with US Airways in December 2013.
But Parker's remarks today indicate that American now has no plans to divest its regional subsidiary. American Eagle will be renamed Envoy this year, although the American Eagle brand will continue to be used for all of American's regional flying.