American Airlines Catalogs Plan for $1 Billion Increase in Revenues
American plans to increase revenues by $1 billion a year by 2017.
American Airlines wants to fill a capacity gap between 50 and 140 seats with aircraft such as the Bombardier CRJ700. (Photo: American Airlines)
American Airlines wants to fill a capacity gap between 50 and 140 seats with aircraft such as the Bombardier CRJ700. (Photo: American Airlines)

A plan by American Airlines to increase annual revenues by $1 billion by 2017 centers largely on the ability to add large regional jets to fill a capacity gap between 50 and 140 seats more completely, according to an internal letter outlining the company’s post-bankruptcy business plan sent to all AA managers on May 7. All told, the airline has targeted an annual improvement in financial performance of $3 billion, two-thirds of which would come in the form of cost savings from restructuring debt and leases, grounding aging airplanes, improving supplier contracts, operating more efficiently and cutting employee-related costs.