American Airlines CEO says money-losing Asia routes are an investment in future

13 Jun 2014 10:53:28

American Airlines CEO Doug Parker says the carrier's new routes to Asia aren't gambles "” they are investments in the airline's future.

Speaking after ceremonies marking the launch of flights to Hong Kong and Shanghai, China, Parker acknowledged that American's Asian routes have historically had a tough time making money. But Asia is a market that American has to be in, he said.

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