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23.07.26 - 14:54
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American Airlines Group Inc Profit Retreats In Q2 (AFX)
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WASHINGTON (dpa-AFX) - American Airlines Group Inc (AAL) revealed earnings for second quarter that Dropped, from the same period last yearThe company's earnings came in at $71 million, or $0.11 pe......
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23.04.26 - 16:06
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American Airlines Lowers Outlook on Rising Fuel Costs (Bloomberg)
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American Airlines announced it expects $4 billion in additional expenses due to rising jet fuel prices but plans to raise fares to offset these costs, maintaining some of the price increases even if fuel prices return to prewar levels. Siddharth Philip has more on "Bloomberg Open Interest." (Source: Bloomberg)...
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23.04.26 - 15:45
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American Airline Cuts Outlook After Jet Fuel Shock Bill (ZeroHedge)
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American Airline Cuts Outlook After Jet Fuel Shock Bill
American Airlines slashed its full-year outlook on Thursday morning, warning it could post a loss in 2026 as the Iran-U.S. war, which sent jet fuel prices soaring, adds roughly $4 billion in fuel costs.
The airline now expects full-year results ranging from a 40-cent loss to a $1.10 profit, down from its earlier forecast of $1.10 to $2.70 in earnings per share.
"Based on the forward fuel curve and the current revenue outlook, the midpoint of the full-year guidance is expected to be approximately flat to 2025, despite a greater than $4 billion increase in expense related to higher prices for jet fuel," American stated in an earnings release.
However, American beat Bloomberg Consensus first-quarter estimates, posting a smaller-than-expected adjusted loss and stronger-than-forecast revenue.
Management said the airline is trying to shield the company as elevated jet fuel costs erode profits, while hoping that premium and international demand...
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22.04.26 - 23:24
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American Air Explores Alaska Air Revenue-Sharing Deal (Bloomberg)
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American Airlines Group Inc. and Alaska Air Group Inc. are pursuing potential revenue-sharing agreements and other strategic partnerships, people familiar with the matter said, in a push for scale as the US carriers grapple with higher costs and fierce competition....
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