Benzinga
Benzinga
  • 10 hours ago
American Airlines posted a third-quarter loss but raised its full-year profit outlook, surpassing previous estimates. The carrier expects higher fourth-quarter adjusted earnings per share than analysts anticipated. CEO Robert Isom credited a revised sales strategy for improving performance, expecting better results as the company reconnects with business travelers. American Airlines expects a slight decrease in unit revenue for the fourth quarter while increasing its capacity compared to last year.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02American Airlines posted a third quarter loss but raised its full year profit outlook surpassing
00:07previous estimates. The carrier expects higher fourth quarter adjusted earnings per share than
00:12analysts anticipated. CEO Robert Isom credited a revised sales strategy for improving performance,
00:18expecting better results as the company reconnects with business travelers.
00:22American Airlines expects a slight decrease in unit revenue for the fourth quarter
00:26while increasing its capacity compared to last year.
00:29For all things money, visit Benzinga.com slash GSTV.

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