RollsRoyceSMR
Oct 22, 4:20 PM
$ALK AAL: Analyst John Godden of Citi directly asked CEO Robert Isom whether American might take a more proactive approach to mergers and acquisitions, noting that one major airline deal could reshape the industry. Isom responded with three important points: American intends to build on its partnerships and joint businesses. He specifically named Alaska's existing West Coast International Alliance and said, “I think that there's a lot more that we can do.” He said American would remain opportunistic and active in ways that improve its network. Later, another analyst asked specifically about Alaska and American moving closer together through joint ventures. Isom again praised Alaska as a great partner and said he looked forward to bringing Alaska into American's Atlantic and Pacific joint businesses.
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