American Airlines CEO: 'I Don't Think We're Ever Going to Lose Money Again'

It was a bold statement, even for an investor day.

"I don't think we're ever going to lose money again," American Airlines CEO Doug Parker said Thursday.

Airlines have reaped the benefits of a plunge in oil prices in mid-2014, raking in record profits. It's been a sharp turnaround for an industry that has suffered bankruptcies and recessions over the last decade.

Read more: https://www.cnbc.com/2017/09/28/american-airlines-i-dont-think-were-ever-going-to-lose-money-again.html