American Airlines reported a strong 2Q and raises 2023 guidance. Record revenue of $14.6 billion was up 4.7% from a year earlier in the second quarter, and earnings were $1.3 billion. American’s CEO Robert Isom characterized the financial results as…
News: American Airlines announced that it is planning customer tours of the 737 MAX and pilot calls to boost confidence in the aircraft. American is planning to reintroduce the MAX into passenger service in late December, with flights between LGA…
American Airlines reported a $-2.2 billion Q1 net loss on April 30, four times the size of its main competitor Delta ($-422 million). This includes special items, otherwise, the result would have been $-1.1 billion. Still, it is another indication…
Remember the US vs the ME3? Perhaps the wind has changed direction. Al Baker’s interest in buying into American was rebuffed. Yet here we are, we have a deal without equity, for now. One wonder’s if Delta’s move with LAN…
Last week at an employee forum, American Airlines CEO Doug Parker made some controversial statements regarding the Boeing 737 MAX aircraft. In response to a question from a pilot, he stated that the 737 MAX “is safe for American Airlines…
With its huge order in 2011, American not only secured 460 new fuel-efficient aircraft, but it also forced Boeing to launch the MAX. At the time, the win for Airbus at American was big news. Airbus had not sold an…