American Airlines’ profit beats on strong demand
American Airlines said net income fell to $624 million
Bengaluru - Arab News
American Airlines reported a better-than-expected quarterly profit on Thursday, benefiting from higher demand for business and leisure travel.
For the current fourth quarter, American said it expects revenue per available seat mile, a closely watched performance metric which compares sales to flight capacity, to rise between 2.5 percent and 4.5 percent.
The No. 1 US airline’s pre tax margin, excluding special items, is forecast between 4.5 percent and 6.5 percent for the period.
Earlier in October, smaller rival Delta Air Lines also reported a better-than-expected third-quarter profit, as disruptions caused by hurricanes cost the airline less than some investors had feared.
American said hurricanes caused nearly 8,000 canceled flights and cost about $75 million in pre-tax earnings.
American Airlines said net income fell to $624 million or $1.28 per share in the quarter ended September 30, from $737 million or $1.40 per share, a year earlier.
On an adjusted basis, American earned $1.42 per share.
Operating revenue rose to $10.88 billion from $10.59 billion.
Source: Arab News
GMT 19:43 2017 Saturday ,22 April
American Airlines’ employee suspended after row with passengersGMT 17:18 2017 Monday ,30 January
American Airlines matches Wall Street forecast
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 12:09 2017 Tuesday ,04 April
Yemeni Army controls Midy and Houthi leader dead
GMT 09:19 2018 Monday ,22 January
West's 'Russiaphobia' worse than
GMT 02:31 2017 Sunday ,24 December
Hamleys opens its largest toy store in Beijing
GMT 03:44 2017 Thursday ,05 October
What ban? Chinese in thrall to tennis 'goddess' Sharapova
GMT 13:00 2017 Monday ,03 April
Tropic Skin Care unveils latest launches
GMT 11:55 2018 Friday ,14 December
Study shows most drivers not keen on switching to electric cars
GMT 16:58 2018 Wednesday ,26 September
Kremlin dismisses reports Moscow refused to receive Israel’s national security adviser
GMT 20:54 2017 Monday ,27 March
Sisi, King Hamad to confer on bilateral cooperation Monday
GMT 21:12 2017 Monday ,14 August
RWE optimistic for 2017, boosted by nuclear tax refund
GMT 07:29 2017 Wednesday ,02 August
Tillerson sends senior envoys
GMT 03:59 2017 Friday ,08 September
Venezuela asks pope help, vaunts Russia ties versus US
GMT 16:24 2017 Tuesday ,28 February
Turkey's Economic Confidence Index Rebounds in February
GMT 20:40 2017 Monday ,29 May
Sri Lanka monsoon toll climbs to 164
GMT 09:44 2017 Wednesday ,06 September
Education Affairs Office of CP Court of Abu Dhabi to Host
GMT 08:22 2017 Tuesday ,07 March
GM eyes autonomous future as it sells Opel
GMT 11:40 2017 Wednesday ,03 May
Black rhinos to come back home to Rwanda
GMT 11:55 2018 Wednesday ,05 December
Putin discusses new summit on Syria with Turkish, German leaders
GMT 17:57 2018 Saturday ,20 October
Arab and Muslim nations, commend Saudi Arabia’s decrees on Khashoggi case
GMT 16:36 2017 Monday ,10 April
Pakistan sentences death penalty to Indian spy agent
GMT 01:56 2018 Wednesday ,24 January
In UAE, we are blessed to live in a safe society
GMT 10:02 2018 Monday ,15 January
Trump says immigration deal 'probably dead'
GMT 09:45 2012 Monday ,09 July
Afghan police hunt woman\'s executioner
GMT 20:59 2017 Saturday ,07 October
Iraqi army controls 150 villages
GMT 07:01 2017 Tuesday ,14 February
India shuts down pension scheme for workers
GMT 22:54 2017 Saturday ,22 April
China pushes for all-round cooperation with Iran
GMT 11:03 2016 Wednesday ,10 August
Erdogan wants TurkStream gas pipeline 'done as fast as possible'
GMT 01:47 2017 Thursday ,26 January
Gulf nations are part and parcel of Asia, Abdullah says
GMT 18:03 2017 Friday ,10 March
Mother of the Nation Festival celebrates Emirati Women
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor