American Airlines Group 2018 Q2 Earnings

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American Airlines Group 2018 Q2 Earnings

Postby Greg on Fri Jul 27, 2018 11:19 am

The American Airlines Group reported a second-quarter after-tax profit of $566 million. American opened seven new stations and 43 new routes in the quarter. The carrier will defer 22 Airbus A321neo aircraft that were set for delivery from 2019-2021 to later dates. $305 million was spent on aircraft leases. 38.574 million passengers boarded mainline flights, with another 14.486 million taking regional carrier flights during the period. American Airlines (AALA) had 955 aircraft in its fleet as of June 30, while another 604 aircraft were placed with American Eagle branded regional airlines. American reported 106,600 mainline employees as of June 30.
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