Business Express Airlines To Be Acquired By AMR.DOVER, N.H.--(BUSINESS WIRE)--Dec. 4, 1998--Business Express Airlines announced today that it will be acquired by AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Eagle Holding Corp., parent of American Eagle Airlines American Eagle Airlines is a regional airline based in Fort Worth, Texas[1]. It is a airline partner of American Airlines[2] (both wholly owned by the AMR Corporation holding company), operating over 1,800 flights a day, serving 159 cities across the USA, and Executive Airlines and an affiliated company of American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the . Business Express has been operating as the American Connection partner of American Airlines at Boston's Logan International Airport For the Logan airport in Billings, Montana, see . Logan International Airport (IATA: BOS, ICAO: KBOS, FAA LID: BOS) in the East Boston neighborhood of Boston, Massachusetts, United States (and partly in the Town of Winthrop, Massachusetts), is one since September 1997. All of privately held Business Express stock will be acquired by AMR Eagle Holding from several shareholders including the Philadelphia based investment partnership Dimeling, Schreiber & Park. Terms of the agreement were not disclosed. "Business Express and its predecessor companies have been serving the northeast well for over 36 years. This is a wonderful opportunity to combine our regional tradition of dependability and customer service with American's growing worldwide network of high quality airline affiliates," said BEX BEx Business Explorer BEX Business Express BEX Backup Express (Syncsort) BEX Backup Exec (Veritas) BEX Broadband Exchange BEX Board of Examiners BEX Budget Execution Chairman and Chief Executive Officer Robert E. Martens. "Our passengers and the communities we serve will surely benefit from this closer association with one of the world's great airlines," he added. BEX which also has code share agreements with Delta Air Lines and Northwest Airlines, operates some 350 daily flights with 43 Saab 340 aircraft serving 16 cities in the northeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada from its major bases at Boston's Logan International and New York's LaGuardia Airports. BEX holds 20 firm orders and 40 options for Embraer's new RJ 135 LR regional jet with the first delivery schedules in August 1999. |
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