The Traderszone Network

Published in TZ Latest News 24 April, 2015 by The TZ Newswire Staff

American Air Revenue Hit By Dollar, Capacity Growth

American Airlines (AAL) reported first-quarter earnings above Wall Street expectations Friday, but the strong dollar and capacity growth hurt revenue. The carrier’s earnings jumped 220% to $1.73 per share. Analysts polled by Thomson Reuters were expecting $1.71. Revenue dipped 1.7% to $9.8 billion, in line with views. “While core demand remains healthy, first-quarter 2015 revenue was impacted by competitive capacity growth, a stronger U.S.

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