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American CEO Doug Parker Loses a Bet on the Company’s Stock Price

By Mary Schlangenstein, Bloomberg

Bloomberg

American Airlines CEO Doug Parker, pictured here, made a bet more than a year ago that American’s stock price would reach at least $60 by now. He has lost the wager. Bloomberg

Skift Take: American Airlines CEO Doug Parker has made big promises about his airline’s future. They may some day come true, but not yet. Five years after its merger with US Airways, American is not quite the profit-making machine Parker had hoped.

— Brian Sumers

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