American Airlines reached an agreement with Boom Supersonic to buy up to 20 supersonic jets on Tuesday, making it the second major U.S. airline to bet on superfast air travel in the past two years. The deal expands Boom’s order book, which now has orders for 130 aircraft, including options, worth about $26 billion, Boom […]
Tag: American Airlines
American Airlines: Announced the highest quarterly revenue in its history
American Airlines on Thursday posted its first quarterly profit without US government aid since the start of the COVID-19 pandemic, as strong summer travel demand generated the highest quarterly revenue in its history. The Texas-based carrier, however, warned of escalating non-fuel costs in the quarter to September as it expects to fly fewer flights than […]
American Airlines: Upgraded Revenue Estimates Due to Strong Demand (upd)
LAST UPDATE 15:08 American Airlines upgraded revenue estimates for the second quarter, citing strong demand and the pricing environment. The airline now expects revenue for the period to increase between 11% -13% compared to pre-pandemic levels, up from a previous estimate of 6% -8% increase. In recent days, airlines have been enjoying an increase in […]
American Airlines: 10.1% jump for the stock after the contraction of losses
American Airlines shares rose 10.1% in pre-conference trading, as the airline announced a reduction in losses and doubled revenue, while giving strong estimates for sales. Losses stood at $ 1.64 billion, or $ 2.52 a share, up from $ 1.25 billion, or $ 1.97 a year, a year ago. Excluding contingencies, adjusted losses per share […]
Athens – New York: The daily route of American Airlines starts on 06/05
American Airlines is expanding its seasonal activity in Athens by adding more travel options between Greece and the USA. On May 6, American starts the seasonal daily route from Athens to New York, company executives announced at a joint event with Athens International Airport. The daily Athens / New York route will be added to […]
American Airlines: Unruly passenger caused a diversion of a flight flying from Washington to Kansas City
An American Airlines flight to Washington yesterday diverted to Kansas City after crew members and passengers restrained a passenger who did not comply with regulations, the airline said. Flight 1775 from Los Angeles to Washington landed at Kansas City International Airport at about 2:30 pm local time, where law enforcement was waiting, according to an […]
The Cac 40 did not benefit from the rebound on Wall Street
As unpredictable as ever, the American president put an end to negotiations with the Democrats for a new support plan, before announcing the possible signing of measures in favor of households and airlines. On Wall Street, the announcement is well received, but the rise in American indices has not spread to Paris. The Cac 40 ended […]
The Cac 40 holds up despite Trump’s about-face on a support plan
The Paris Bourse gives up a few points despite Donald Trump’s freezing of discussions in Congress on a support plan. The president would consider separate measures aimed at workers, small businesses and airlines. The Paris Bourse shows a limited pullback, as US index futures rise after Donald Trump’s decision to freeze talks on a congressional support plan until after […]