#125 / 124 Very nice work indeed but a bit too close to Boeing (well, the former McDonnel Douglas logo). Very good integration of the falcon's head though. Entry #126 - Good, simple, visually very effective !
#196 visually pleasing but a bit busy. #194 very nice indeed even if really moving somewhat away from the concept (that may be a good thing!). Also, worry a bit about being close to new American Airlines motif. I'll take a look later and see how they compare.
#125 - Mmmmm, I'm thinking something here. Take away the circle and let's see what we have? I'm thinking along the lines of that motif for the fuselage whilst the proper (complete) logo, such as #194 stays on the tail.