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Home›US Markets›M&A & Deals›American Airlines CEO outlines plan to close $3 billio…

American Airlines CEO outlines plan to close $3 billion profit gap

The CEO said the airline is weighing options for a new wide-body order that could include Boeing and Airbus.

Reported · Written up by our desk · M&A & Deals

CNBC Markets reports American Airlines is working to close a more than $3 billion profit gap, with the company’s CEO laying out a strategy focused on improving performance and customer offerings.

The plan includes efforts to improve reliability, along with investment in more premium seats and lounges.

American Airlines is also considering Boeing and Airbus as potential suppliers for a new wide-body aircraft order, according to CNBC Markets.

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Sources

CNBC MarketsAmerican Airlines CEO lays out his vision to close a more than $3 billion profit gap

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