American dismisses Raymond James report.

0 Comments | M2 Presswire, February, 2004

M2 PRESSWIRE-13 February 2004-American Airlines: American dismisses Raymond James report(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:02122004 FORT WORTH, Texas -- American Airlines today dismissed a Wall Street financiers claim that mainline carriers are having no competitive impact on limited-choice carriers.

"This kind of analysis flies in the face of the facts," said Roger Frizzell, vice president of Corporate Communications for American. The Raymond James firm, which handled the initial public offering for jetBlue Airways, opined today that mainline carriers competitive efforts versus limited-choice carriers are not working. Frizzell called the conclusion baseless. "Our competitive efforts including our two-for-one fare promotion in Boston, New York,...