1. AA isn't even the largest carrier in 3 of its 5 "cornerstone" markets.

2. CLT is one of the highest-yielding hubs in the US, and the fourth-largest airline hub in the world.

3. US is strongly profitable at present. AA just lost more money in one month than US lost in 2008, one of the worst years in industry history.

Horton ought not cast too many stones ...