Susan Carey (one of my fav. aviation reporters) is out with an article on the progress of AA 2020 Flight Plan to turnaround the airline. Things I found interesting (astonishing): 11.6 BILLION in losses over the past decade Analysts expect it to post losses this year and next Stock price down 40% over 52 week high and 79% over the past five years. S&P has downgraded three of the company's instruments to "negative" citing high fuel cost, slow revenue growth and hight debt Has the highest labor & pension costs of US players. Expects to earn $500 million in additional annual revenues with JVs and added domestic flights. Favorite quotes: Executives believe all they need is more time for their turnaround blueprint, "Flight Plan 2020," to deliver. "We're building something for the long term," President Tom Horton said. "We're running in a marathon and it's mile five." AND "If we can figure out how to pass our costs to our customers, we'd have a very successful company," he said. "We carry 250,000 passengers a day. All we need is $10 more [a passenger]." (My thought: what about lowering some of them?) Source:www.wsj.com Full article can be hacked by pasting: American Air Strains for Lift into google and clicking on the first or second result from wsj.com that appears.