CAPA Live: American's Doug Parker - alliances "incredibly important"

American Airlines CEO Doug Parker, speaking at CAPA Live on 14-Oct-2020, said alliances and JVs are incredibly important in times of restrained demand ,as they allow carriers to work together to decide which can be the most efficient until demand comes back.

Hub and spoke network carriers may hurt a little more than point-to-point domestic, but when the return to global air travel takes place the airlines that serve both large and small markets will thrive.

Business travel is down, but there is no reason to believe it won't come back as video conferencing will never replace the need to travel and meet people. Quarantines are creating circumstances under which people just cannot travel.