symphonicpoet wrote:
We're comparing apples and oranges. The DC-9s were second hand in the sense that they were mostly from Ozark. That hardly counts. When you buy an airline you keep a lot of planes. I wouldn't call AA's fleet "second hand" simply because they picked up a lot with TWA. Also: the DC-9s were on the way out anyway, whether AA bought TWA or not. The L-1011s were mostly acquired new, though as with the MD-80s they did pick up a few odd jobs here and there. The 747s were more of a mixed bag. The Connies were, I believe, mostly new. This was an old airline and you're not even looking at the whole of their jet fleet, but just the final fleet from just before they merged. Which still had a lot of aircraft from a half-digested competitor and which represents their most financially troubled era. But they had twice as many Md-80s as 57s and 67s combined. And they were in the middle of a fleet replenishment program, so they were new. And they didn't have a lot of cycles on their hulls yet. I really do believe the airplanes had a lot more to do with it anything else. The hub just doesn't make sense. Nor the pilots, nor the reservation system, nor the business model. If not the planes, then why? Gate leases in Phoenix? Clearly not JFK. They dumped those. And they already had the nice sexy London ones by then. Maybe they liked the Tokyo leases TWA had just picked up. They do still have those. But even that seems like a heck of a stretch. Maybe it was just to thumb their nose at United. But honestly, even planes they can sell are useful, so long as they can at least break even. So even the 67s and 57s weren't necessarily a bad deal. Trade them away for comparably aged aircraft with the engines you want. Everyone wins . . . except TWA.
Most of the "new" airplanes you listed were acquired were purchased in the 1970s or early 80s. Carl Icahn invested no money in new planes during his tenure.
About 20% of the MD-80s TWA had were second-hand from other airlines (not counting Ozark). A good number of TWAs DC-9s were in fact not from Ozark but acquired ex-Eastern (having NxxxEA registrations).
Of the new aircraft TWA acquired in the 1990s, all were dumped with the exception of the new MD-80s. They did not "Trade them away for comparably aged aircraft with the engines [they wanted]."
29 717s were returned off lease, with no replacement.
27 757s were returned off lease, with no replacement.
22 767s were returned off lease, with the only replacement being 9 new 767 purchased by American.
You may not recall what O'Hare was like in 2000. It was dubbed the "Summer of Hell" (although it was worse for United that American for a variety of reasons). O'Hare had significantly less capacity than they do today and (believe it or not) more flights today. ORD had 6 runways at the time with only 1 of those runways not intersecting at least one other runway. (Compare that to 8 runways today, with 5 having no intersections.) There were no immediate expansion plans for O'Hare at the time.
American's purchase of TWA was to allow many of the passengers who previously connected at O'Hare to connect through STL, leaving more higher yielding O/D passengers flying out of O'Hare. Additionally, it would provide another connecting point when O'Hare got hit by weather and resulting delays. American had actually issued a press release in early September, 2001 detailing how TWA aircraft (and crews) would be spread throughout the AA network to rightsize capacity on legacy AA routes.
Then 9/11 happened. Air traffic fell by over 10% year over year and the additional capacity TWA provided American was the easiest to cut based on costs and labor situations. I do believe STL would have shrunk to some degree regardless of 9/11, but not to the degree it finally did.