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The Latest Breaking News from ”American Airlines Group Inc.

Thomas Black: Supersonic passenger jets are back? Not so fast

American Airlines Group Inc. just agreed to purchase 20 supersonic jets from Boom Supersonic that are designed to carry as many as 80 passengers. So, when will you be able to buy a ticket to fly at 1.7 times the speed of sound from New York to London and cut…

Tribune News Service

American Airlines says trips restored after technical glitch

American Airlines Group Inc. said it doesn’t expect any operation impact from a temporary glitch that had allowed pilots to drop thousands of flight hours.

Tribune News Service

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

American Airlines Group Inc (NASDAQ:AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American Airlines, United Airlines Holdings Inc (NASDAQ:UAL), and Delta Air Lines, Inc (NYSE:DAL) have reduced service…

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American Airline's Regional Pilots Get Hefty Pay Raises As Competition Heats Up: CNBC

Regional carriers operated by American Airlines Group Inc (NASDAQ:AAL) intend to increase pilot compensation by 50% through the end of August 2024, the latest hint that airlines are willing to pay up in the hopes of ending a pilot shortage that has left some travelers with fewer flight options, reported CNBC. This will…

American Airlines Stock Flies High On Q1 Beat, Profit Outlook For Q2

American Airlines Group Inc (NASDAQ:AAL) reported a first-quarter FY22 operating revenue of $8.89 billion, including passenger revenues of $7.8 billion, and cargo revenues of $364 million, beating the consensus of $8.83 billion. The revenue represented a recovery to 84% of comparable period revenue in 2019. Adjusted EPS loss narrowed to $(2.32) compared…

Why American Airlines Shares Are Rising

American Airlines Group Inc (NASDAQ: AAL) shares are trading higher Thursday after the company announced better-than-expected first-quarter financial results and guided for a return to profitability in the second quarter.

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