American announces ‘transformational’ order but may not end analyst criticism
American Airlines seemed to be answering criticism from analysts that its cornerstone strategy and joint business agreements were not enough for future success with its 460-aircraft order for Boeing and Airbus narrowbody aircraft. Clearly analysts weren’t buying it, with one suggesting it was designed to distract from yet another quarter of losses – this time USD268 million, down from the first quarter but up from the near break-even results in 2Q2010.
