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TheStreet Open House

American Is No Longer the Best Airline -- but It Isn't Eastern

Stocks in this article: ALK AAMRQ.PK DAL LCC UAL

On Monday, American announced September financial results. For the sixth month in a row, it led the industry in unit revenue gains. If Horton is going to be blamed not only for all the bad things that happened on his watch but also for all the bad things that happened years before his watch, then he ought to also be credited for the continuing financial improvement.

Still, it's hard to think he will be able to avoid Siegel's eventual fate or to prevent the merger with US Airways that he has tried so hard to stave off.

-- Written by Ted Reed in Charlotte, N.C.

>To contact the writer of this article, click here: Ted Reed

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