Deeper cuts loom over AMR
from The Wall Street Journal
AMR Corp. is betting it can right itself in bankruptcy court by cutting costs, not by shifting its five-hub market strategy. But some analysts say that for the parent of American Airlines to thrive again, it will have to get smaller. Newly named Chief Executive Tom Horton has voiced his commitment to American's "cornerstone" strategy, in which 98 percent of its flights begin or end in five major U.S. cities: New York, Los Angeles, Chicago, Dallas and Miami.
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