The Traderszone Network

Published in TZ Latest News 25 July, 2016 by The TZ Newswire Staff

American Airlines Bites the Bullet and Slashes International Growth Plans

Entering 2016, American Airlines (NASDAQ: AAL) had aggressive plans to grow outside the U.S., particularly in the transpacific market. As of January, the company planned to increase its international capacity 6% year over year in 2016. However, overcapacity and weak demand in numerous international markets has forced it to trim its growth plans again and again.

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