American Airlines CEO Sees Travel Demand
FORT WORTH (AP) - The CEO of American Airlines says travel demand is still strong and he is not worried about airlines adding so many flights that they will drive down prices.
American Airlines Group Inc. CEO Doug Parker says airlines can charge profitable fares even as they add seats, which is different than in past years, when they were losing money.
Parker’s upbeat tone Tuesday contrasted with comments from Air France-KLM, which lowered its 2014 earnings forecast because overcapacity on international flying is hurting profits. Last month, Deutsche Lufthansa AG issued a similar warning.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Keidel: Giving Thanks For Sports
- Bears-Lions Fantasy Starters: Matt Forte, Matthew Stafford, And Calvin Johnson
- Avoid Holiday Stress When Traveling With Children
- New Sentencing For Former Carthage Mortician Bernie Tiede
- Westbound I-635 At Midway Full Closure On Dec. 1st
PHOTOS: Your Pet Pictures