Friday, January 19, 2007
EXPE vs AA - No wonder AA are cocky
I was wondering after having written my post earlier in the week over the commission battle between Expedia and American Airlines - why is American suddenly being so cocky and determined? Don't they need all the help they can get? Now we have the $231mm answer - AA is profitable again. For the first time since 2006 according to e-tid. Everything was up - revenue, passenger numbers and costs. No wonder they feel like a fight. Game on.