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American Airlines seeks to close profit gap; widebody order
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American Airlines seeks to close profit gap; widebody order
American Airlines (AA, Dallas/Fort Worth) is pursuing a long-term strategy to narrow its profitability gap with rivals Delta Air Lines and United Airlines, while preparing a new widebody aircraft order and dismissing the possibility of a merger with United. In an interview with CNBC, chief executive Robert Isom said that American's long-term objective is to eliminate the margin gap with its competitors by strengthening its premium offering rathe…
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