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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Mike E. who wrote (599)8/17/2000 10:34:23 AM
From: Jack Hartmann  Read Replies (1) of 6931
 
Don't you think American Airlines should be set to benefit from UAL's demise? AA is the next biggest carrier
out of O'Hare:


Mike, I think American will benefit some because they are compensated by United for taking overflows. These higher fuel costs are hurting the bottom line to all airline. The United pilots not working overtime may give warning that this could happen to them also. It appears the United booked 2000 flights a month with the pilots working the extra time. I remember one United Exec saying the industry was better off running fewer flight and increasing capacity, but charging more for passengers to fly.

I have always flown United, but the last two flights were delayed, so I switched to American. My friend who works for them thinks that the pilots union is hurting themselves because they own a large chunk of United Stock.

Haven't taking a look at the American Airline chart. Would need to see where their contract status is with the unions also.

Jack
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