InvestorsHub Logo
Followers 6
Posts 2049
Boards Moderated 0
Alias Born 06/15/2001

Re: None

Thursday, 09/23/2004 2:04:53 PM

Thursday, September 23, 2004 2:04:53 PM

Post# of 93819
American and digEplayer?

CEO: American to trim flights, may charge for food
American Airlines Inc., the No. 2 carrier at Austin-Bergstrom International Airport, is cutting some flights and might charge for in-flight food as it copes with rising fuel costs and low-cost rivals, The Associated Press reported Thursday.


Chairman and CEO Gerard Arpey says American Airlines plans to trim some Saturday night and midweek flights next year at its Dallas and Miami hubs, respectively, according to the AP. American also is weighing new revenue streams, such as charging for food served onboard and renting portable entertainment systems.

Arpey made those remarks Thursday to financial analysts in New York City. American Airlines' parent company is Fort-Worth based AMR Corp. (NYSE: AMR).


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.