American Airlines vows to rebound after brutal summer, says CFO

American Airlines’ tough summer, disrupted by the grounding of the Boeing 737 Max and labour travails with its mechanics union, was undeniably difficult, but CFO Derek Kerr vows these issues will be resolved next year. “Our team did a tremendous job running an airline with these two impacts,” he said. But he acknowledged “nothing else matters if you don’t run a good operation,” Kerr said. These two issues are management’s focus next year, but it may not be enough. Analysts have grumbled that American has stumbled financially, as rivals United Airlines and Delta Air Lines have performed strongly. American’s share price fell by 18% this year, leading some on Wall Street openly to question how long American’s current management team will remain in place. <br/>