American Airlines CEO: Boosting flight capacity could hurt profits

Industrywide flight capacity increases by almost all major U.S. airlines could negatively affect carriers' profits, American Airlines CEO Doug Parker has warned. The chief executive of Fort Worth-based American (NASDAQ: AAL) voiced similar concerns about increasing capacity in a recent interview on CNBC's "Mad Money" show. Parker said in that May 20 interview that American Airlines would not add capacity even though the airline’s competitors may be tempted to do so because of lower fuel prices.…
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