American Airlines, the world’s largest air carrier, saw its revenues drop by $775 million in 2016 as it faced the same headwinds as the wider industry: fiercer fare competition and a strong U.S. dollar. The company’s fleet shrank slightly in the year it added 55 planes and retired 71 but American still maintains the largest and youngest fleet of the main U.S. carriers. The airline’s CEO, Doug Parker, continues to face pressure from American’s pilots’ union, which in February 2017 passed a vote of no confidence, citing delays in implementing their contract and a “toxic” work culture.
Looking for leads, investment insights, or competitive intelligence?
News about American Airlines Group
United stock fell sharply last April after the violent forcible ejection of a passenger named David Dao.
The mother said she was "given the run around for 1.5 hours" by customer service staff
Only one makes the list.
The huge storm is due to hit the Northeast later this week.