American Airlines Group Reports First Quarter 2016 Profit

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American Airlines (AAL) Updates on Mainline, Regional Jet Plans

April 22, 2016 8:44 AM EDT

American Airlines (NASDAQ: AAL) plans to take 55 new mainline, 49 regional jets this year. The company is also planning to remove 86 mainline and 23 regional aircraft in 2016.

Commentary comes from the company's quarterly call on Friday morning.

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American Airlines (AAL) Tops Q1 EPS by 6c

April 22, 2016 7:30 AM EDT

American Airlines (NASDAQ: AAL) reported Q1 EPS of $1.25, $0.06 better than the analyst estimate of $1.19. Revenue for the quarter came in at $9.44 billion versus the consensus estimate of $9.44 billion.

Total revenue in the first quarter was $9.4 billion, a decrease of 4.0 percent versus the first... More