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American will match low fares of rivals: CEO

Airline determined not to lose customers as discount carriers add seats, cut fares amid falling oil prices

American faces an industry buoyed by robust domestic demand and buffeted by a strong US dollar and economic weakness in parts of Europe, Asia and Latin America; oil's plunge helps American's profitability while also spurring smaller carriers to add seats.

New York

AMERICAN Airlines Group Inc will "compete aggressively" against discount carriers that are piling on added seats and then cutting fares to keep planes full, chief executive officer Doug Parker said.

"We're not going to lose customers on price," Mr Parker said on Tuesday in