American Airlines (AAL) Updates on Mainline, Regional Jet Plans
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American Air sees long road ahead to growing unit revenue
April 22, 2016 7:48 AM EDTBy Jeffrey Dastin
(Reuters) - American Airlines Group Inc (NASDAQ: AAL) on Friday dashed Wall Street's hope that it could turn around a key revenue measure this year, plunging shares of the world's largest airline by 5 percent.
American said it sees more turbulence ahead from a surge in rivals' flights across the Atlantic and from lower prices on trips booked at the last minute.
A closely watched measure - passenger revenue divided by American's plane seats and mileage - is expected to fall between 6 percent and 8 percent in the second quarter, the... More
American Airlines (AAL) Tops Q1 EPS by 6c
April 22, 2016 7:30 AM EDTAmerican 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
