But not for support horses…
Via MSN:
American is underperforming Delta Air Lines Inc. and United Airlines Holdings Inc. on profit margins and on-time arrivals. Investors are punishing American’s stock, sending the shares to the biggest decline this year among U.S. transportation companies. And to add insult to injury, a plague of summertime flight cancellations has angered passengers and sullied American’s brand.
It’s far from the outcome Chief Executive Officer Doug Parker envisioned when, as head of US Airways, he engineered a merger with American in a New York bankruptcy court and took the reins of the combined company. While Delta and United reap the rewards of a decade of airline consolidation and greater pricing power, American’s declining performance has solidified its status as the industry laggard.