American 3Q net profit down 56.5%; plans conservative capacity growth

Credit: Rob Finlayson
American Airlines reported third-quarter 2016 net income of $737 million, down 56.5% from a net profit of $1.7 billion in the prior-year period, and is planning conservative capacity growth through 2017. The Dallas/Fort Worth-based airline pointed out that pre-tax net income excluding special items...

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