American Airlines (Nasdaq: AAL) has invested roughly $20 billion in aircraft in four years, giving the Dallas-based carrier the firepower to surpass Delta on a key industry metric.
Those were American Airlines CEO Doug Parker’s comments at last week’s JPMorgan transportation conference, as reported by the Wall Street Journal this morning.
Parker called American’s buildup “the most aggressive fleet modernization in the history of the industry.”
American has a revenue gap compared to Atlanta-based…