Despite some analysts' doubts, American Airlines sees blue skies ahead

09/22/2010 | Bloomberg

As the only legacy carrier to avoid bankruptcy, American Airlines may have some added hurdles, but the company says it sees a promising future. It is negotiating with its unions for greater productivity, replacing older jets at a rate of three to four planes per month and deepening global alliances in an effort to generate an additional $500 million in annual savings and revenue. "We have a very good plan going forward," says Beverly Goulet, the company's treasurer. "We can do long-term planning and make changes in our network and let it bear fruit over time, without having to worry about feeding ourselves day to day."

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