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0.000566358316027828 0 0.00214272229563894 0.00283179158013967 0.00925051916178959 0.0128374551633 0.00641872758164992 0.00471965263356617
Stock impact report

American Airlines sees profits fall in 4Q [FOX Business Network]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
DALLAS –   American Airlines reported Thursday that fourth-quarter profit slipped 11 percent as higher costs for fuel and labor offset rising revenue. Continue Reading Below The world's biggest airline also predicted that 2018 earnings would easily surpass Wall Street's expectations, a sign of continuing strong demand for travel. Still, American couldn't dodge investor concern over too much growth in the airline industry, and the company's shares were headed lower for a second straight day. United triggered a sharp drop in airline stocks on Wednesday when it disclosed plans to grow passenger-carrying capacity by 4 percent to 6 percent for the next three years. Investors worry that such aggressive growth will cause a glut of seats that will lead to lower airfares and lower airline profits. American plans to grow, but not as rapidly — more like 2.5 percent to 3 percent this year. On a call with analysts Thursday, Chairman and CEO Doug Parker argued tha Show less Read more
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