parent company is going to purchase 460 new planes, and they re going to take about half of them from boeing and half from a european plane maker. they re hoping to drive down some of their fuel expenses by putting better mileage planes in the air. they also, it s kind of a twin announcement because they re also saying that they plan to, you know the american eagle subsidiary, they re going to spin that off as a separate company. all of this, though, under one blanket announcement which was not so positive for the parent company, amr corp. of american airlines. it says that the group lost $286 million in the second quarter so far of this year, and they re blaming in some part rising fuel prices that wiped out their gains in revenue. so in part their purchase of new plane might be able to deal with some of those losses, but this is a big almost triple headline, really, for american airlines this morning, jon. jon: and it s a big win for airbus with, it s the first time
los angeles. what are prices looking around here? you know how we roll out here in california, it s extremely pricy. well above the national average, the going rate about 4.50, back here at this station in los angeles behind me but believe it or not in california we are not paying the most. that is happening in hawaii where according to aaa the average price for a gallon unleaded regular, 4.60. drivers in wyoming paying the least, the average is about 3.64 but analysts say the spike is causing the average american to spend, get this, $700 additional dollars a year for fuel expenses so that is forcing people to cut things out of their budget. i m trying to save.
right? yes. did you see the navy flyover? i don t think a lot of people did. exactly. that s why i asked. if people haven t heard the story, you will not be surprised that the u.s. navy is getting flak for the pre-game flyover at the super bowl. it cost an estimated $450,000 for the four f-18s to fly the mission. here s the kicker. it lasted five seconds on tv an most folks at the game didn t see it because the retractable roof was closed. that s right. a $450,000 flyover over a closed roof. the navy is contesting the cost figure saying fuel expenses only accounted for $109,000 and that such flyovers actually help recruitment efforts. your tax dollars at work. joe carter with hn sports joins me for the wow moments in sports. we could kind of call that a wow moment. yes. a flyover that much money for a flyover over a closed