American Airlines president Tom Horton believes the company's "Flight Plan 2020" will deliver. "We're building something for the long term. We're running in a marathon and it's mile five." The carrier is in negotiations with Boeing and Airbus on a potential order for more than 250 single-aisle aircraft to replace its ageing domestic fleet. CEO Gerard Arpey is also hopeful, stating: "We have to continue to demonstrate the path we're on, over time, will close the gaps. Our international strategy will bear fruit. Our job is to prove it out."
1-Jul-2011 4:56 PM