American Airlines posts profit thanks to federal aid, revenue improves
Publishing timestamp: 2021-10-21 11:50:58
Summary
American Airlines reported a profit for the third quarter thanks to federal payroll support, but expects a 20% revenue drop in the fourth quarter compared to 2019. The company's shares were up 1.2% in late-morning trading.
Sentiment: MIXED
Tickers: AAL,
Keywords: business news, airlines, earnings, transportation, travel, life, aerospace and defense industry, business, breaking news: business, american airlines group inc, markets,
Source: https://www.cnbc.com/2021/10/21/american-airlines-aal-3q21-results.html