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American considers ending ticket changes if Congress limits fees [MSN Money]

AMERICAN AIRLINES GROUP INC C (AAL)  More Company Research Source: MSN Money
Last american airlines group inc c earnings: 7/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
PDF © Photographer: Andrew Harrer/Bloomberg American Airlines (Bloomberg) -- American Airlines Group Inc. would consider barring passengers from changing nonrefundable tickets if Congress limits what carriers can charge for the adjustments, Chief Executive Officer Doug Parker said Tuesday. “That non-refundable ticket is of value to us,” Parker told reporters after speaking to a business group in Irving, Texas. “We knew that seat was going to be filled. It allowed us to do other things. We sold the rest of the airplane knowing that seat was going to be filled.” Doing away with changes to nonrefundable fares would make airline flights more like baseball games or concerts, where customers aren’t typically reimbursed if they buy tickets and can’t use them. Carriers currently consider the ability to change a nonrefundable ticket as a service that carries a cost. Such fees, which run up to $200, anger many passengers. The language limiting what carriers can charge for ticket [Read more]

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