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

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 | 220 gün önce

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 | 487 gün önce

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 | 493 gün önce

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 | 649 gün önce

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 | 706 gün önce

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 | 860 gün önce

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, with the Nikkei 225 moving above the 38,400 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by automakers, exporters and financial stocks.

RTTNews | 5s 12 dakika önce

Higher Open Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day losing streak in which it had slumped almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's got a positive lead again for Tuesday's trade. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside.

RTTNews | 5s 43 dakika önce

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