American Airlines Group Inc. (AAL) had an adjusted EPS of $1.98 compared to analysts' estimate of $1.95. The carrier reported non-GAAP profit of $1.5 billion, the highest in the history of the company.
For the second quarter 2014, American Airlines Group reported a record GAAP net profit of $864 million. This compares to a GAAP net profit of $220 million in the second quarter 2013, for AMR Corporation prior to the merger.
We expect impressive second-quarter numbers from American Airlines Group based on the company's healthy revenue passenger miles (RPMs) and available seat miles (ASMs) figures in the months of April, May and June.
Other airlines like Deutsche Lufthansa and Air France-KLM have stopped flying to the country for the time being. North American carriers like Delta Air Lines Inc. (DAL), United Continental Holdings Inc. (UAL), American Airlines Group (AAL), have ...
American Airlines boosts profit on higher revenue. American Airlines Group Inc. said Thursday that it earned $864 million in the second quarter, up from the $507 million that American and US Airways earned separately a year ago, before their merger.