American Airlines Boosts Q2 System Capacity Outlook
(RTTNews) - 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.
Revenues for the second quarter are now projected to grow about 12 percent, compared to the prior forecast for a growth of about 11 to 13 percent from 2019.
read more
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
|
Pred 293 dňami
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
|
Pred 560 dňami
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
|
Pred 566 dňami
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
|
Pred 722 dňami
American Airlines Group Promotes Devon May To Succeed Derek Kerr As CFO
American Airlines Group, Inc. (AAL) announced Tuesday that Devon May has been named Chief Financial Officer, effective January 1, 2023, following a long-planned succession process. May, who is currently the airline's senior vice president of Finance and Investor Relations, will report to American's CEO Robert Isom.
RTTNews
|
Pred 779 dňami
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
|
Pred 833 dňami
U.S. Dollar Falls As Economic Growth Slows More Than Expected
The U.S. dollar declined against its most major counterparts in the New York session on Thursday, after a data showed that the nation's economic growth fell short of economist estimates in the fourth quarter of 2024.
RTTNews
|
Pred 5 h 14 min
TSX Rises To Record High On All-round Buying
The Canadian market is up firmly in positive territory a little before noon on Thursday with stocks from several sectors moving higher on strong buying support.
Mining stocks are up sharply following a notable increase in metal prices, and technology stocks are gaining in strength, tracking impressive earnings updates from a few big name U.S. tech companies.
RTTNews
|
Pred 6 h 12 min
