American Earnings Grow 12 Percent Thanks To Demand, Fuel Hedging
American parent AMR Corp. showed a net profit of $322 million before a one-time loss, up 12.2%, and aided by stronger yields, higher demand and adept fuel purchasing strategies. Revenue swelled 11.9% to $5.3 billion, partially helped by fare increases during the period. "The underlying fundamentals...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
