American Airlines' share price fell Thursday after the carrier said it will give pilots and flight attendants a $1 billion pay raise over the next two and a half years.
American Airlines beat estimates and guides to positive current quarter unit revenue. The carrier also defers its initial delivery of the Airbus A350.
American Airlines will boost flight attendant and pilot pay by $1 billion over three years in a good faith gesture. Unions applauded; a top analyst panned the move.
United has laid out its four failures that led to an incident where a passenger was dragged from an aircraft, and has made 10 policy changes.