American Airlines reports big profit beat and best load factor in 11 years
Shares of American Airlines Group Inc. seesawed to a gain Thursday, after the air carrier reported third-quarter profit that beat expectations and raised its full-year outlook, as load factor rose to the highest level seen in more than 10 years.
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its 2024 profit forecast year after a sales strategy shift. The carrier also beat Wall Street's earnings and revenue expectations for the third quarter.American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
American Airlines Tops Q3 Forecasts
For Q4 2024, American Airlines projected adjusted EPS between $0.25 and $0.50. It raised its full-year forecast to $1.35 to $1.60 per share, up significantly from prior guidance of $0.70 to $1.30. Management also expects to reduce total debt by $15 billion by 2025, leveraging network enhancements and collaborations to solidify market presence.
American Airlines sees strong demand overall in Q4
EDT American Airlines (AAL) sees strong demand overall in Q4 Published first on TheFly – the ultimate source for real-time,
American Airlines Remains Positive After Q3 2024 Results
The American Airlines team continues to focus on running a reliable operation and managing costs across the airline. We have taken aggressive action to reset our sales and distribution strategy and reengage the business travel community,
American Airlines Raises Profit Forecast Despite Q3 Loss
American Airlines posted a third-quarter loss but raised its full-year profit outlook, surpassing previous estimates. The carrier expects higher fourth-quarter adjusted earnings per share than analysts anticipated.
American Airlines Lifts Profit View on Higher Pricing, Sales Strategy Correction
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American Air Boosts Profit Outlook as Sales Pivot Bears Fruit
American Airlines Group Inc. said full-year profit should top analyst expectations, a sign the company’s pivot from a failed ...
Southwest Settles Proxy Fight With Hedge Fund as Q3 Profit Shrinks. American Loses Money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...
American Airlines Fined Record $50 Million For Mistreating Disabled Passengers
The fine is 25 times larger than the previous largest airline penalty for violations of disability protections. It represents ...
American Airlines Q3 Earnings: Revenue And Profit Beat, Annual Outlook Hike, Debt Reduction & More
American Airlines reported Q3 financial results, with total operating revenue up 1.2% YoY. Adjusted EPS beat consensus and ...
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Top Airline Stocks to Buy After Q3 Earnings: AAL & LUV
Two top airline stocks look more attractive with American Airlines (AAL), and Southwest Airlines (LUV) blowing past their Q3 ...
Southwest Airlines Revenue and Profit Beat Expectations
Southwest Airlines posted stronger-than-expected quarterly sales and profit, as executives said turnaround efforts are taking shape. The airline reported a record $6.87 billion in operating revenue ...
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Southwest settles proxy fight with hedge and reports smaller Q3 profit. American loses money
Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for labor and other expenses.
Southwest settles proxy fight with hedge fund as Q3 profit shrinks
Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...
American Airlines will be 'relentless' in winning back business travelers. Here's how
American Airlines (AAL) reported earnings Thursday; it posted a $149 million loss on $13.7 billion in revenue. But the ...