American’s CEO Vows to Compete on Price With Low-Fare Rivals

American Airlines Group Inc. will “compete aggressively” against discount carriers that are piling on added seats and then cutting fares to keep planes full, Chief Executive Officer Doug Parker said.

“We’re not going to lose customers on price,” Parker said Tuesday in an interview at Bloomberg’s New York headquarters. “We’re not going to give anyone else an advantage and allow them to expand at a rate that takes away customers and is not good for our shareholders.”