American Airlines forecasts second-quarter profit largely above estimates

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

American Airlines News

International Air Transport Association,Travel Expenses,Airlines For America

Shares of the carrier were up 4% in premarket trading. Major U.S. airlines are experiencing a resurgence in corporate reservations as large companies ramp...

-American Airlines forecast current-quarter profit largely above analysts' expectations on Thursday, amid a rebound in business travel and expectations of strong demand in the upcoming summer season.Major U.S. airlines are experiencing a resurgence in corporate reservations as large companies ramp up their work-related travel expenses - a customer segment that was largely absent from the travel surge after the pandemic.

Fort Worth, Texas-based American Airlines swung to a loss of $312 million, or 48 cents per share, for its first quarter, compared with a profit of $10 million, or 2 cents per share last year.Toronto-Dominion Bank is one stock I reversed course on in a big way. The post TD Stock: Why I Reversed Course appeared first on The Motley Fool Canada.

ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance.Here are four stocks that you can buy and hold for decades in your TFSA. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.In Default on $154 Billion of Debt, Venezuela Is Ready to Talk

I went on 2 of Royal Caribbean's largest and newest cruise ships. I enjoyed them, but they're not for everyone.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

American Airlines forecasts second-quarter profit largely above estimatesShares of the carrier were up 4% in premarket trading. Major U.S. airlines are experiencing a resurgence in corporate reservations as large companies ramp...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »