American Airlines CEO says things looking up at troubled carrier ?

FORT WORTH, Texas (AP) -- The new chief executive of American Airlines says lower costs for labor and fuel are helping the ailing carrier, although he believes higher fares are also key to any recovery.

Gerard Arpey added that the world''s largest airline has seen an increase in bookings lately, but he repeatedly warned that American, which narrowly avoided bankruptcy several times in the past two months, is not out of the woods yet.....................>

http://www.nj.com/newsflash/business/index...flash-financial
 

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