American Airlines plans upgrades and new planes to close profit gap with rivals United and Delta.

American Airlines CEO Robert Isom outlined plans to close the profit gap with United and Delta by improving customer experience through upgraded cabins, lounges, and a new wide-body plane order. The airline aims to attract higher-spending travelers and increase earnings, which analysts forecast to rise nearly 80% this year. Despite challenges like a large debt load and competition, American is investing in premium services and network expansion to boost revenue. The airline will update its progress in its upcoming quarterly report.