American Airlines CEO: We’ll never lose money again

GRAPEVINE, Texas (AP) — The CEO of American Airlines says the once-volatile industry has changed so radically that his company will never lose money again. Even in a bad year, Doug …

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American Airlines CEO: We’ll Never Lose Money Again

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Sep 28, 2017 · From 1978 through 2013, American’s cumulative profit was $1 billion. By the end of this year, Parker says, the airline will have earned $19.2 billion in pretax income in the last …

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‘Never Lose Money Again’: How American Airlines Destroyed $30 …

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Oct 20, 2024 · At the airline’s Media and Investor Day in 2017, then-CEO Doug Parker famously declared that they would ‘never lose money again.’ He announced a bet he’d made on the …

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How American Airlines’ $30bn Bet Reduced Its Exposure To …

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Jun 5, 2024 · From 2014 onwards, American had a great few years for aircraft deliveries. According to data from ch-aviation, 2015 was its biggest year for deliveries on record, with 70 …

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Doug “Nostradamus” Parker: AA Will Never Lose Money Again

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Sep 29, 2017 · American Airlines’ CEO Doug Parker has made a bold claim: AA will never lose money again.. Parker says even in bad years, American will still earn $3BN/year in pre-tax …

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The Big Airlines Lost Money Flying Passengers Last Year. So How …

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Jan 30, 2025 · The four biggest U.S. airlines—Delta, United, American and Southwest—together generated more than $200 billion in revenue last year, but they all lost money actually …

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Behind The Tailspin At American Airlines That Has Sent Debt Soaring ...

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Behind the tailspin at American Airlines that has sent debt soaring, investors fleeing, and the stock plunging 90% to a level one analyst calls ‘bonkers’ Shawn Tully Sat, Nov 11, 2023, 5:00 AM ...

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American Airlines Reports Loss, Lags Delta & United

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Oct 19, 2023 · For Q3 2023, American Airlines has reported a net loss of $545 million, compared to a net profit of $930 million in Q3 2022. Here are a few of the major highlights of American’s …

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Parker: American Will ‘Never Lose Money Again’

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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 Sept. 28. ...

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The High Costs Of The Airline Bailouts - The New York Times

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Mar 17, 2021 · The federal bailouts sought by C.E.O.s like Doug Parker of American Airlines saved jobs — but at a high cost. ... U.S. airlines were able to issue more than $30 billion in …

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Doug Parker's Compensation, Stock Sales - One Mile At A Time

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Aug 28, 2020 · Between 2014 and 2019, Parker got more than $150 million in cash through the sale of 3.6 million shares of American Airlines stock; In addition to that, Parker has received …

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American Airlines CEO: We'll Never Lose Money Again

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Sep 29, 2017 · From 1978 through 2013, American's cumulative profit was $1 billion. By the end of this year, Parker says, the airline will have earned $19.2 billion in pretax income in the last …

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