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1990 - February DOT Ord. & Dec. [1] (February, 1990)

handle is hein.usfed/dotod0408 and id is 1 raw text is: Order 90-2-1 UNITED STATES OF AMERICA DEPARTMENT OF TRANSPORTATION OFFICE OF THE SECRETARY WASHINGTON, D.C. Issued by the Department of Transportation on the 24th day of January, 1990 Joint application of SERVED FEB 1 1990 AMR EAGLE, INC. and Docket 46615 EXECUTIVE AIR CHARTER, INC. for approval of transfer of certificate : under section 401(h) ORDER Summary By this order we approve the transfer of certificate authority held by Executive Air Charter, Inc. on Route 537 in light of its acquisition by AMR Eagle, Inc. Application By application jointly filed on November 17, 1989, AMR Eagle, Inc. and Executive Air Charter, Inc. seek approval under section 401(h) of the Act to the extent necessary for transfer of EAC's certificate for route 537 in light of its new ownership by AMR Eagle. AMR Eagle is a wholly-owned subsidiary of AMR Corporation which also owns American Airlines. AMR Eagle is a holding company that owns a number of commuter air carriers affiliated with American Airlines. EAC is a small certificated air carrier holding a certificate of public convenience and necessity (Route 537) to engage in scheduled foreign air transportation of persons, property and mail between a point or points in the United States and a point or points in the Dominican Republic; Martinique; Guadaloupe; the Netherland Antilles; Antigua; Anguilla; St. Kitts and Nevis; the British Virgin Islands; and Castries and Beaufort, St. Lucia. Orders 88-2-49 and 89-7-3. Under the terms of the arrangement, AMR Eagle would purchase all of the outstanding stock of Executive Air Holdings, Inc., which owns all of the outstanding stock of EAC. Through a series of intra-corporate transactions, EAC would become a wholly-owned subsidiary of AMR Eagle. Prior and subsequent to the acquisition, EAC will be the carrier exercising the route authority on Route 537.

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