00:00American Airlines is flying high this morning.
00:03Thanks to cheaper fuel and more full planes, its first quarter profit rose to $932 million,
00:08surpassing Wall Street expectations.
00:11That's good news for American's chief executive, Doug Parker.
00:14He's agreed to be paid entirely in shares, tying pay to performance.
00:18Parker has helped to transform American Airlines into one of the country's most successful companies,
00:23and its shares have more than doubled in value since its merger with U.S. Airways in 2013.
00:27The bottom line, American Airlines reaches new altitude on earnings.
Comments