AA CEO Parker: "I don't think we're ever going to lose money again"
 

Article in The Washington Post

A very interesting promise.

The benefits of being part of an oligopoly.

What an idiot. Can't wait to see him eat those words one day.

Didn't Crandall say the same thing?

Oh, wait, it was the exact opposite. Anyhow, certainly no declaration of corporate invincibility has ever been proven wrong. :D

Most definitely. Though his prediction is still stupid, in that even oligopoly members can lose money during economic downturns.

I'm not sure I want to live (fly) through what he will have to do to make it true

There’s no way to vote with wallets

American - crappy product in many planes and will get crappier. Bad leadership (good international elite recognition )
Delta - the crappiest Rewards program (overall good customer service )
United - the most frustrating awards program. 1K upgradeless and a crappy product (easy to use miles )

No matter what your stuck with crap and we still have to fly

If you ditch the rewards programs, there's a number of decent options.

Right now, airlines are profitable because of good conditions - healthy economy, strong demand, low fuel prices, and minimal competition. Should there be a recession (only a matter of time), rise in fuel prices (real possibility), or a terrorist attack (I hope not, but can't ignore it), then it's bye-bye profits.

Parker's comment is as ridiculous as a certain former CEO's statement "there will be changes ahead, and I think you will like them".

Here's what he actually said -- "I don’t think we’re ever going to lose money again". Maybe it's just me, but I feel like there's a difference between definitively declaring they won't lose money again and saying "I don't think".

Oh, Dougie. Such hubris. And as they say, pride goeth before a fall. And no one deserves a fall more than you.

Shouldn't he have prefaced that comment with "As God is my witness ..."? ;)

Not a terribly insightful comment, IMO. Can you think of any industries where that doesn't apply?

Shouldn’t it be “ever” instead of “never”?