American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.
American Airlines said on Thursday it expects to post a first-quarter loss, sending its stock tumbling even after it reported a $590 million profit at the end of last year. The Fort Worth-based air carrier finished 2024 with a record $52.
American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel prices and efforts to fix a sales-strategy misstep that drove away corporate travelers.
Stocks turned mostly higher a day after the S&P 500 closed just shy of a record high.These stocks were making moves Thursday:Electronic Arts was tumbling 19% after the maker of video games slashed its fiscal-year bookings guidance because of underperformance in its soccer titles.
American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel prices and efforts to fix a sales-strategy misstep that drove away corporate travelers.
Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.
United Airlines CEO Scott Kirby proclaimed Wednesday that “We are the best airline in the history of aviation.” How will American CEO Robert Isom respond?
The guidance contrasted with sunnier forecasts from rivals Delta Air Lines and United Airlines. Delta expects to earn more than $7.35 per share in 2025 based on consumers’ eager appetite for travel, while United anticipates adjusted earning between $11.50 and $13.50 a share.
American Airlines stock is lower Thursday as the air carrier's weak outlook offsets its fourth-quarter earnings and revenue beats. Here, we look at the numbers.
Thank you for standing by and welcome to American Airlines Group's Fourth Quarter and Full-Year 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speaker presentation there will be a question-and-answer session.
American Airlines shares slumped in premarket trading Thursday as the carrier's soft outlook outweighed stronger-than-expected fourth-quarter results.
American Airlines forecasts its fleet of long-haul aircraft will increase from about 125 to 200 jets - including about 40 A321XLRs - by the end of the decade.