American Airlines recorded a quarterly revenue of $14.1 billion, a 4.7% increase year over year. The airline recorded net income of $1.3 bn. Excluding net special items; the airline’s income stood at $1.4 billion. The Group generated operating cash flow of $1.8 billion and free cash flow of $1.2 billion and ended Q2 with $14.9 billion of total available liquidity. Fitch Ratings upgraded American Airline Groups credit rating by two notches to B+. “It was another fantastic quarter for American, driven by the hard work of our team to deliver a reliable operation for our customers and the continued strong
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.