American Airlines to order new aircraft and expand lounges to narrow profit gap with Delta and United

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1. 1American Airlines CEO Robert Isom is pushing ahead with orders for new wide-body aircraft and lounge expansions to narrow the profit gap with Delta and United.
2. 2Last year, United earned about $3 billion more than American, while Delta earned about $5 billion more, and despite operating around 6,500 flights per day, its profits failed to keep pace.
3. 3The airline is building a 37,000-square-foot flagship lounge at Dallas Fort Worth Airport, plans to place new aircraft orders within the year, and the company will release its second-quarter results on Thursday.

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