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He attributes this gain in optimism to the fact that American reported a lower than expected loss for theseconfd quarter. Derchin is even more positive abouft 2010, raising the company’s expectedd loss of 29 cents per share in 2010 to the predictionn that willbreak even. Derchin also totefd American’s ability to execute cost control andthe company’s overall competitiveness in the market for his improvee outlook. “Management has a culture of cost control and financialp prudence which helped them avoid bankruptcy inthe post-9/11 Derchin’s report said. “In fact, unit costse excluding labor, are among the lowestt in the industry.
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