American Airlines To Launch Proposed Offering Of $750 Mln Of Senior Secured Notes Due 2028

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 | 548天前

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 | 815天前

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 | 821天前

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 | 1034天前

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

American Airlines Group, Inc. (AAL) reported Thursday that net income for the third quarter soared to $483 million or $0.69 per share from $169 million or $0.25 per share in the prior-year quarter.

RTTNews | 1088天前

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 | 1188天前

Malaysia Bourse May Give Up Support At 1,600 Points

The Malaysia stock market turned lower again on Friday, one day after snapping the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau and the losses may accelerate on Monday.

RTTNews | 3分鐘前

South Korea Shares Due For Profit Taking

The South Korea stock market has moved higher in three straight sessions, accelerating nearly 190 points or 5.3 percent in that span. Now at a fresh record closing high, the KOPSI sits just above the 3,610-point plateau although investors figure to lock in gains on Monday.

RTTNews | 33分鐘前

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