Despite New Aircraft Deliveries Aa Is Keeping Some Older Planes For Longer
Last week, American Airlines released its full 2018 profit – which met analyst’s adjusted expectations but fell 44% short of bold predictions from its CEO. The earnings call with analysts was full of fascinating nuggets, but it was an investor relations update that revealed American Airlines latest plans for its fleet.Over the past few years, American Airlines has made a substantial investment in purchasing new aircraft and retrofitting existing aircraft – whether that’s installing lie-flat business class seats, installing premium economy in more than 100 widebody aircraft or cramming more seats in economy....