it it's ceo doug parker on hand to help pay tribute to the 81-year-old manassas resident. >> when youveryone at american. you're a flight attendant and every flight attendant that's ever, um, served for any airline, and you're an inspiration to all of as humans. >> reporter: americans produced this video tribute a salute to their faithful employee. >> betty, you're looking fabulous. you're still going strong. just keep on going. we all love you. >> reporter: among the guests at today's reception fellow flight attendants and some long-time customers. >> she's the first person that greets you when you get on the plane. she sets the tone with a friendly had he low. a hug. and from the minute you see her until the time you leave she just makes you feel great. >> the customer is number one. >> reporter: betty telling us and all those gathered here, her longevity is based on a fairly simple principal. >> people, they want -- everybody wants number one a little love and a little attention.& >> reporter: and we say as well. congratulations, petty nash, at reagan national airport, bob barnard,

we will talk to doug parker. >>> when we come back, secretary steven mnuchin making headlines at the economic forum in davos. >>> and coming up, looking at shares of growth ghquawk on the street" will be rit back, don't go away. arge cad has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp well, it'sonce again.eason >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i go

we like that's coming up at 11:00 p.:00. >> you don't want to miss doug parker's comments. >> tomorrowquawk on the street", a lot to talk about starbucks kevin johnson. the company is due out with earnings after the bell and along with intel and w d.c. tonight. take a look at the premarket, another record high expected at the open "squawk on the street" is straight ahead it's all yours. wow! record time. at cognizant, we're helping today's leading life sciences companies go beyond developing prescriptions to offering subscriptions with personalized, real-time advice for life-long, healthy living. honey? you almost done? nope. get ready, because we're helping leading companies see it- and see it through-with digital. tomorrow, it's a day filled with promise >>> some live pictures this morning of the president with uk prime minister theresa may series of meetings with world leaders today before he sits down -- >> we've had a great discussion. we're on the same wave length and i think every respect. the prime minister and myself have had a really great relationship although some people do

capacity in 2018, 2019, and 2020 some are worried that american will have to respond in kind but ceo doug parkerays american is not just going to add flights to add flights, but it plans to remain profitable. >> we'll add some, they'll add some those are the kind of things that happen as an industry continues to mature. its maturity around what has become a much more rational sort of structure in terms of long-term competitiveness. >> some are concerned there will be a fare war between legacy carriers parker says the industry is more mature and it's unlikely there will be the type of fare wars we've seen in the past >> again, who knows what's going to happen with fares what i know is unlike the past, which i think our investors are worried about, when you saw growth in excess of demand growth, what that was was airlines trying to in the best time trying to steal shares from somebody else. >> parker points out that demand on the corporate travel side of the business is strong not only in the united states but in all four regions of the world, where american is seeing growth right now. phil lebeau

. >> it will be interesting to see what doug parker of american has to say he will be on "power lunch" tomorrow at 1:00 with phil see whether or not he can allay these concerns. >> the biggest problem we thought we were over the whole thing, the increased capacity and going after each other once again and all of that and possibly the pricing wars. it is more of an attack on the discount carriers. it is not an international thing. it's interesting it's interesting to hear him say our stock is buyable i love what a lot of these ceos have done. >> when they say buyable and they buy it. >> they execute. >> energy prices have been rising we all know that, they have moved to the upside. that becomes a head wind as well delta has the refining acquisition they made. that helps they have thrown off cash. they trade interesting when you talk about single p/e. >> do you own. >> i don't delta. >> down 5%. >> 5% at delta wasn't that big a deal i don't see why i need to be in united right now. >> you >> i did a trim across the board and i said last night that i probably wasn't. to be clear, what ch

. >> i think that delta -- and we are going to be hearing from doug parker, american's ceo when we aren in dallas on thursday i think both delta and american will talk about remaining disciplined when it comes to capacity having said that, nobody wants to fall behind in any market so when you see competitors become more aggressive, you have two choices. do we fight back or do we pull back over the last seven years, united, for a variety of reasons, pulled back they are seat growth in some of their largest hubs dropped 8% while american and delta raised their seat growth ask. they looked back and sid, what did we get by being more disciplined here we ended up losing now we are going to got aggressive so i think while delta and american will try to be disciplined. don't would be surprised if they have to start responding at least initially market by market. >> this sort of market expansion does it precede pricing wars or more cuts the prices. >> yes, usually. usually you will see it precede price wars now they have the benefit of a strong economy right now and there is a lot of demand to

they'll sit there and say bring more flight news chicago we're welcoming that no we'll talk with doug parker tomorrow here on cnbc. you do not want to miss it it is right here on "power lunch. we're down at the american operations center with doug. i'll be curious what he has to say. he won't say we're going to match them plane for plane, but they won't see ground. doug will say we're going to make sure this is not -- we're just not going to hand over to united that is the concern for investors. >> we look forward to that thank you. phil le bowe. >> michelle out to you in davos. >> you could call it the trump effect, the mood here is up beat as world leaders wait for the president to speak on friday the bank top ceo are weighing in and cutting deals. >> it is not clear what the right straetegy of a negotiatio has to be, but if you are going to negotiate and get some benefits you have to lay it down and say this is the way it is going to be and what do you want to do. and i think the chinese has been mon -- an emerging market and now we have to compete on more of a level playing field and i t

we're going to be talking about this exclusively tomorrow with the american airlines ceo, doug parker be down at the operation center in fort worth, talking about their reaction and whether or not american is going to respond in kind over the next couple years byadding more seats, more planes on those routes where united is adding seattls and planes >> i assume you already have your seat booked for that? >> i've been in the business and covered airlines long enough to know make reservations well in advance. >> well in advance >> that interview should be an interesting one. >> absolutely. >> thank you very much >> thank you >> phil lebeau let's get to seth now from airline weekly and gordon, the former chairman and ceo of continental airlines for more of their thoughts on the matterment gordon, we begin with you. does the share price still speak to the anxiety investors have about whether they can remain invested in airlines today >> i think they hyperventilated. i completely disagree, they are doing the right things, they are not stupid people, but optimizing the use of the airplanes

. >> doug parker, chairman of american airlines. and the other stocks are under pressure not as much as yesterday let's see how this shakes out over the next few weeks and months. >> thank you very much the america first president goes to davos what will he say to the community when he gives his big speech tonight he spoke to cnbc earlier today more reaction to his interview with joe kernan. and you can tcwah the full interview 6:00 a.m. beginning on squawk box banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. you or joints. something for your heart... but do you take something for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. >>> welcome back to power lunch. president trump speaking with our own joe kernen at davos. the big head line

. >> doug parker spoke with phil lebeau earlier today and he basically said, just because they're expanding, they might be adding capacity, going to new markets it's not necessarily just going to mean that everybody's pushing fares lower, david do you buy that? >> i think it's important to keep in mind here that where the capacity is going into the market is going to be secondary markets, at least on united's part those markets are going to be a smaller part of the market it's also important to know that when united goes out into some of these markets they'll be using lower gauge, higher cost aircraft going in with lower gauge, higher cost aircraft and strategy of cutting fares to fill it is never going to be successful we don't think that's necessarily the hope we think united is trying to carve off and collect back some share is that they have lost through prior management's reduction of service of some of these markets. i do think there is something to the idea that this isn't just about the aggregate headline number >> ben, let me ask you something specific i don't mean to put on you th