American Airlines (AAL) Q2 Financial Results Recap
American Airlines Group Inc. (NASDAQ:
AAL) is one of the leading U.S. airlines, operating in 240 destinations across America, Canada, Mexico, and the Caribbean. It was founded back in 1934 by the merger of about 85 small companies. American Airlines expanded aggressively between the 1970s and 1990s to strengthen its international presence, mainly by acquiring routes of other airlines.
The Texas-based airline recently announced better-than-expected financial results for the second quarter, helped by improved travel demand. American Airlines reported earnings of 3 cents per share, compared to a loss of $4.82 per share in the year-ago quarter. Excluding certain items, the company reported an adjusted loss of $1.69 per share, narrower than a loss of $2.03 per share estimated by analysts.
Government support sees American return to profit
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American Airlines Reports Second-Quarter 2021 Financial Results
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American Airlines reports second quarter 2021 financial results
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Government aid pushes American to small second-quarter profit
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