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American Airlines shares fall 5% in fare squeeze with low-cost carriers

American Airlines won't trim prices because of cheaper fuel. It will carry on as if oil is still US$100 a barrel, its CEO says.


AMERICAN Airlines Group shares fell the most among its US peers on Tuesday after the airline said that airfares are starting to drop as low-fare domestic rivals add seating capacity in some markets.

The squeeze is showing up in the industry gauge of passenger revenue per...

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