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0 0 2.63782643092098E-06 0 -0.00527565286204175 0.0102875230809813 -0.00633342126088117 0.0432603534687418
Stock impact report

American Airlines to take aggressive action to improve profit [Seeking Alpha]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
American Airlines Group (NASDAQ: AAL ) trades flat after reporting Q2 numbers Stealing the headlines on earnings day, the company says it's taking aggressive action to return itself to prior profit levels, despite the elevated level of fuel prices. Measures being taken include deferring aircraft deliveries and capital expenditures, lowering capacity growth targets and reducing non fuel-related expenses. During Q2, American saw revenue passenger miles increase 1.8% and capacity increase 1.5% to lead to a load factor of 84.0% (+30 bps Y/Y). Average fule prices increased 38% to $2.23 per gallon during the quarter. Previously: American Airlines beats by $0.04, misses on revenue (July 26) See all stocks on the move » Now read: Lithium Junior Miner News For The Month Of May 2018 » Subscribe for full text news in your inbox Show less Read more
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