American Airlines CEO sides with workers vs. Wall Street

In the three years since he merged US Airways with American Airlines, Chief Executive Doug Parker has been a preacher of sorts, arguing that it’s a new world order for U.S. carriers and that the bad old days are over. Airline investors, which now include billionaire Warren Buffett, have been leery of this optimism, given the industry’s history of good times begetting bad behavior on worker wages and flight capacity. The latest battle between labor and capital is in Texas, with American Airlines ...

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