American Airlines is confident it will continue to produce annual profits averaging $5 billion and will never again lose money, chairman and CEO Doug Parker said Thursday. At a briefing in Dallas/Fort Worth for reporters and analysts, Parker stressed the company’s strategy of forward thinking and being focused on the long game. But he also emphasized that long-term planning did not mean investors must wait to see returns. “We have a company that is going to produce on average a ...

Subscribe to Access this Entire Article

"American’s Parker: Multi-billion dollar profitability is sustainable " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.