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 15:54 2017 Sunday ,16 April
PM: Britain uniting around Brexit
GMT 14:05 2017 Monday ,21 August
Ministry supports NGOs humanitarian mission
GMT 02:04 2017 Saturday ,09 September
11-year-old Saudi boy tortured by maternal uncles
GMT 09:18 2017 Friday ,17 November
NMC Health hits new highs in London
GMT 15:00 2017 Wednesday ,28 June
US House overwhelmingly backs NATO mutual defense
GMT 13:45 2016 Thursday ,01 December
Hillary Clinton honors Katy Perry at UNICEF gala with an award from UNICEF
GMT 12:30 2017 Tuesday ,23 May
Actress Ghada Adel happy for participating in “Adly Allam’s Ghosts”
GMT 09:38 2017 Friday ,19 May
Actress Haifa Wahby says rumors aim to undermine “Herbaya” success
GMT 18:50 2017 Friday ,25 August
King Salman`s visit an historic moment for Indonesia
GMT 10:26 2017 Friday ,06 October
Mattel scraps plan for digital assistant for kids
GMT 03:32 2017 Saturday ,09 December
Global environment forum opens in Kenya
GMT 10:42 2017 Thursday ,26 October
Google and Cisco join forces in the cloud
GMT 22:02 2017 Sunday ,26 March
Indian police kill 2 militants in Indian-controlled Kashmir
GMT 11:03 2017 Saturday ,06 May
Coates wins bitter fight to remain Australian Olympic chief
GMT 00:25 2017 Tuesday ,07 November
DP World announces plans to develop Jeddah port in support
GMT 11:54 2017 Thursday ,23 March
Inflation fears take shine off German consumer morale
GMT 23:10 2017 Thursday ,23 February
Le Pen aide charged in fake jobs scandal
GMT 20:28 2017 Wednesday ,07 June
Turkey lawmakers back sending troops to Qatar base: officials
GMT 14:05 2017 Friday ,28 April
Anne Hathaway’s pens emotional tribute to Jonathan Demme
GMT 18:45 2017 Thursday ,08 June
King Salman, Bahrain King Hamad hold talks in Jeddah
GMT 15:46 2017 Friday ,30 June
Jakarta governor greets Obama
GMT 03:21 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab anger
GMT 03:39 2017 Sunday ,17 December
Education policy to be launched soon: Baligh ur Rehman
GMT 12:01 2017 Tuesday ,02 May
Fresh shakeup ousts Fox News co-president
GMT 07:17 2017 Sunday ,22 October
Nasr, Romanian amb. probe activation of coop. MoUs
GMT 22:26 2017 Friday ,27 October
Minister receives University College chairman
GMT 23:47 2017 Thursday ,05 October
MoFAIC, UNICEF sign agreement to support UN humanitarian plan in Yemen
GMT 19:47 2017 Monday ,25 September
Abul Gheit meets with Indian FM
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