American Airlines has the newest fleet of any of the major U.S. carriers, and it's come at a significant cost.
American Airlines Group, Inc. has spent almost $30 billion over the past six years, which is "probably more than has been spent in commercial aviation history," Robert Isom, American president, said at an industry conference Wednesday.
"We are ending the era of extraordinary capital expenditures," Isom told a crowd at the Cowen Global Transportation Conference.
American has invested in new aircraft, new facilities and other ways to strengthen operations.
