American Airlines Posts Profit Versus Year-Ago Loss as Travel Demand Improves

By Reuters
Reuters
Reuters
October 21, 2021 Updated: October 21, 2021

American Airlines Group Inc. reported a quarterly profit compared to a year-ago loss on Thursday, as easing COVID-19 curbs strengthened travel demand ahead of the peak holiday season.

The No.1 U.S. airline reported a net income of $169 million, or 25 cents per share, in the third quarter ended Sept. 30, compared with a loss of $2.40 billion, or $4.71 per share, a year earlier.

Reuters