American Airlines Group Promotes Devon May To Succeed Derek Kerr As CFO

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 days ago

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 days ago

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 days ago

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

American Airlines, Inc., a subsidiary of American Airlines Group Inc. (AAL), announced Wednesday a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2028. The Notes will be guaranteed on a senior unsecured basis by American Airlines Group.

RTTNews | 977 days ago

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 days ago

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 days ago

Sensex, Nifty Open Lower On Weak Global Cues

Indian shares were moving lower on Monday, tracking weak cues from global markets as signs of escalation of the trade war between U.S. and China sapped investors' appetite for riskier assets.

RTTNews | 28 minutes ago

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market trading on Monday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to the 8,900.00 level, with weakness across most sectors led by energy and technology stocks. Gold was the only bright spot.

RTTNews | 1h 21min ago

EURUSD	1.16189	GBPUSD	1.33554	AUDUSD	0.65213
USDJPY	151.916	USDCAD	1.39931	USDCHF	0.80121