27-04-2018 19:21 via feeds.bizjournals.com

American Airlines CEO on why he thinks consumers will see higher fares

Airlines are facing much higher fuel prices than a year ago, and those costs could be passed onto passengers soon."If indeed this is where where fuel prices are going to stay, I would expect you would see higher fares to consumers over time," said Doug Parker, chairman and CEO of American Airlines Group Inc. (NASDAQ: AAL), during the airline's first quarter earnings release Thursday.In Q1, the Fort Worth airline saw expenses reach $10 billion, a nearly 10 percent increase year-over-year. That&he
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