American Airlines (AAL) Reports In-Line Q4 EPS, Approves $2B Buyback
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American Airlines Group Reports Fourth Quarter and Full Year Profit
January 27, 2017 7:30 AM ESTFORT WORTH, Texas, Jan. 27, 2017 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth quarter and full year 2016 results. The Companys earnings highlights include:
Fourth quarter 2016 pre-tax profit of $500 million, or $773 million excluding net special charges, and net profit of $289 million, or $475 million excluding net special chargesFull year 2016 pre-tax profit of $4.3 billion, or $5.1 billion excluding net special charges, and net profit of $2.7 billion, or $3.2 billion excluding net special chargesFourth quarter Total Revenue per Available Seat Mile (TRASM) was up 1.3 percent... More