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American Airlines profit tops Wall Street targets

American canceled about 10,000 flights because of the grounding of the 737 Max......»»

Category: topSource: foxnewsJan 23rd, 2020

American Airlines tops profit and revenue expectations, but stock falls

Shares of American Airlines Gro.....»»

Category: topSource: marketwatchJan 23rd, 2020

American Airlines profit rises 27% as travel demand offsets MAX impact

American Airlines Group Inc reported a 27% rise in fourth-quarter profit on Thursday, as strong travel demand helped the U.S. airline counter the impact of flight cancellations due to the 737 MAX grounding......»»

Category: topSource: reutersJan 23rd, 2020

American Airlines reach settlement with Boeing for 737 MAX compensation in 2019

AA will use over $30M of the compensation for the airline's 2019 employee profit-sharing program.....»»

Category: topSource: foxnewsJan 6th, 2020

American, Southwest overcome 737 MAX travails with quarterly profit growth

American Airlines Group Inc and Southwest Airlines Co posted quarterly profit increases on Thursday thanks to strong U.S. travel demand even as the two carriers pointed to a rising cost impact from the continued grounding of the Boeing 737 MAX......»»

Category: topSource: reutersOct 24th, 2019

American, Southwest profits rise on strong demand even as 737 MAX hurts

American Airlines Group and Southwest Airlines posted quarterly profit increases on Thursday even as the two U.S. carriers pointed to a rising cost impact from the continued grounding of Boeing 737 MAX......»»

Category: topSource: reutersOct 24th, 2019

American, Southwest profits rise even as 737 MAX impact swells

American Airlines Group and Southwest Airlines posted quarterly profit rises on Thursday even as the two U.S. carriers pointed to rising impact from the continued grounding of Boeing 737 MAX......»»

Category: topSource: reutersOct 24th, 2019

American Airlines beats profit expectations, but revenue comes up shy

Shares of America.....»»

Category: topSource: marketwatchOct 24th, 2019

American Airlines profit beats estimates on lower fuel costs

American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday as lower fuel costs boosted margins, but it raised its 2019 cost estimates related to the Boeing 737 MAX grounding to $540 million......»»

Category: topSource: reutersOct 24th, 2019

American Airlines: Cancellations cut Q3 pretax profit by about $140M

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 9th, 2019

American Airlines beats profit expectations and matches on revenue, stock drops

American Airlines Group Inc. reported Thursday a second-quarter profit and load factor that beat expectations, while sales rose in line.....»»

Category: topSource: marketwatchJul 25th, 2019

American Airlines sees $185 million profit hit from Boeing MAX grounding

American Airlines Group Inc said on Wednesday its second-quarter profit would be reduced by about $185 million as the No.1 U.S. airline had to cancel thousands of flights due to the grounding of Boeing Co's 737 MAX jets......»»

Category: topSource: reutersJul 10th, 2019

American to take $350 million hit from 737 MAX, sees ungrounding this summer

American Airlines Group Inc cut its 2019 profit forecast on Friday, blaming an estimated $350 million hit from the grounding of Boeing's 737 MAX planes, but said it was confident that the jets would start flying again before mid-August......»»

Category: topSource: reutersApr 26th, 2019

American Airlines to take $350 million hit from 737 MAX groundings, shares fall

American Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a $350 million hit from the grounding of Boeing's 737 MAX planes, a situation that cuts revenue while many costs remain in place......»»

Category: topSource: reutersApr 26th, 2019

American Airlines cuts 2019 forecast on 737 MAX, high oil prices

American Airlines slashed its 2019 profit forecast Friday, citing a $350 million hit from the grounding of the Boeing 737 MAX and $650 million in higher fuel costs......»»

Category: topSource: moneycentralApr 26th, 2019

American Airlines cuts 2019 forecast on 737 MAX, high oil prices

American Airlines slashed its 2019 profit forecast Friday, citing a $350 million hit from the grounding of the Boeing 737 MAX and $650 million in higher fuel costs......»»

Category: topSource: moneycentralApr 26th, 2019

American Airlines" stock sinks after profit beat expectations, but guidance was lowered

Shares of American Airlines Group Inc. sank 3.2% in premarket trade.....»»

Category: topSource: marketwatchApr 26th, 2019

American Airlines to take $350 million hit from 737 MAX groundings

American Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a $350 million hit from the grounding of Boeing's 737 MAX planes after cancelling 1,200 flights in the first quarter......»»

Category: topSource: reutersApr 26th, 2019

New lawsuit alleges that Boeing put profit over people with 737 Max

The family of an American man who died when an Ethio­pian Airlines plane crashed last month filed a suit against the manufacturer, making claims of “corporate greed” and “serious misconduct.”.....»»

Category: topSource: washpostApr 8th, 2019

American Airlines CEO warns that higher fares are coming

Costlier fuel sends profit plunging at American Airlines, and CEO warns that higher pump prices are likely to lead to fare increases. .....»»

Category: topSource: moneycentralApr 26th, 2018