American Airlines CEO re Southwest expansion: ‘Too early’ to see reduced fares

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    American Airlines is closely watching bookings and airfares in the lead up to Southwest Airlines’ coming expansion in Washington D.C. and Dallas, according to American’s recent Q2 earnings call. Southwest in October will be able to add flights at Dallas Love Field due to the phasing out of a restrictive law, plus it had purchased the slots at Washington’s Reagan (DCA). One Wall Street analyst asked American Airlines CEO Doug Parker if the coming capacity increases would hurt American Airlines’ bottom line. “It’s... Read More » The post American Airlines CEO re Southwest expansion: ‘Too early’ to see reduced fares appeared first on Travel Update.

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