AMR Eagle is acquiring a 20% stake in Aeroperlas, a Panama City-based regional airline, as part of a deal involving the sale of four of the US companies Shorts 360s to the Panamanian carrier's parent, Aerolineas Pacifico Atlantico. "This transaction fits into our overall strategic plan to streamline operations, simplify the fleet and improve profitability," says AMR Eagle president Daniel Garton.

Source: Flight International