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American Airlines 3Q profit soars on cheaper jet fuel

2015-10-24 10:44:07| Airlines - Topix.net

American Airlines plans to offer a version of the low-fare, no-frills approach to flying that is boosting profit margins at discount carriers. Officials at American, the world's biggest airline, say they need to fight back against small but fast-growing rivals including Spirit Airlines and Frontier Airlines, which are known for cheap fares, lots of extra fees, and poor service.

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