We weren't expecting huge course corrections from American, though we thought they'd at least throw us a bone," JP Morgan airlines analyst Jamie Baker wrote...
Management's lack of vigor, absence of really anything that could be characterized 'new,' and implied embrace of the status quo are troubling for us," Baker added.
The disastrous policies cost the company $750 million in lost revenue during the first half of the year, American Airlines CEO Robert Isom said...
Several analyst questions (during the earnings call) focused on the lack of any incremental capacity cut, revisions to the order book, or network rebalancing...
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