American Airlines Group Promotes Devon May To Succeed Derek Kerr As CFO

US Airlines, Unions Urge Govt To Pause Addl. Flights Between US And China

Major airlines in the United States, along with its various unions, urged the Biden Administration to pause additional passenger flights between the country and China, citing anti-competitive policies of the Chinese government. Following the news, most of China-based airlines were trading lower on Friday. Air China Ltd shares fell 2.9 percent, while China Eastern Airlines Corp. Ltd. dropped 2.5

RTTNews | 292 days ago

American Airlines Boosts FY23 Outlook As Q3 Results Top Estimates

American Airlines reported Thursday a net profit for the second quarter that almost tripled from last year, reflecting operating revenue growth and lower operating expense, primarily aircraft fuel expenses. Adjusted earnings per share and quarterly operating revenues topped analysts' estimates. The company also raised its outlook for the full-year 2023.

RTTNews | 559 days ago

JetBlue Announces Next Steps On Wind Down Of Northeast Alliance With American Airlines

JetBlue Airways Corp. (JBLU) announced Friday the next steps of the wind down of its Northeast Alliance with American Airlines, Inc., a subsidiary of American Airlines Group Inc. (AAL).

RTTNews | 565 days ago

American Airlines To Launch Proposed Offering Of $750 Mln Of Senior Secured Notes Due 2028

American Airlines, Inc., a subsidiary of American Airlines Group Inc. (AAL), announced Wednesday a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2028. The Notes will be guaranteed on a senior unsecured basis by American Airlines Group.

RTTNews | 721 days ago

American Airlines Q3 Results Top Estimates; Guides Q4 Adj. EPS Well Above View

American Airlines Group, Inc. (AAL) reported Thursday that net income for the third quarter soared to $483 million or $0.69 per share from $169 million or $0.25 per share in the prior-year quarter.

RTTNews | 832 days ago

American Airlines Boosts Q2 System Capacity Outlook

American Airlines Group Inc. (AAL) on Tuesday revealed in a Form 8-K filing that it now expects second-quarter system capacity (total available seat miles or ASMs) to be down about 8.5 percent from 2019 to about 66.2 billion ASMs, up from the prior guidance for a decline of about 7 to 8 percent.

RTTNews | 932 days ago

European Economic News Preview: ECB Monetary Policy Decision Due

The monetary policy announcement from the European Central Bank and preliminary GDP data from the major euro area economies are due on Thursday, headlining a hectic day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes flash GDP and consumer spending data. The economy is expected to remain flat sequentially in the fourth quarter after rising 0.4 percent in

RTTNews | 5h 16min ago

European Shares Seen Broadly Higher At Open

European stocks are likely to open broadly higher on Thursday, though U.K. markets may open on a subdued note as oil extended overnight losses amid a lack of clarity on U.S. President Trump's tariff policies, especially on Canada and Mexico, the two largest suppliers of crude oil to United States.

RTTNews | 5h 17min ago

EURUSD	1.04204	GBPUSD	1.24442	AUDUSD	0.62184
USDJPY	154.591	USDCAD	1.44252	USDCHF	0.90653