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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
Add BT as a preferred sourcePublished Wed, May 20, 2015 · 09:50 PM
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 an interview at Bloomberg's New York headquarters. "We're not going to give anyone else an advantage and allow them to expand at a rate that takes away customers and is not good for our shareholders."
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