'Discipline' for Airlines, Pain for Fliers
And American Airlines' chief, Doug Parker, said the airlines had learned their lessons from past price wars. “I think everybody in the industry understands that,” he told Reuters. Got the message? “Discipline” is classic oligopoly-speak for limiting …
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Stocks to Watch: GE, GM, Apple, American Airlines
Shares were down 0.5% to $ 127.20 premarket. American Airlines cut its guidance for second-quarter unit revenue and pretax margins, adding to concerns about profitability in the sector. Shares fell 2.4% to $ 38.91 premarket. Southwest Airlines Co.
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