More than $1 billion in fuel savings drive strong American 1Q earnings

American Airlines Group posted a first-quarter net profit of $932 million, nearly doubling net income of $480 million in the 2014 March quarter, as fuel costs decreased 43% year-over-year. American’s first-quarter revenue actually decreased 1.7% year-over-year to $9.83 billion, but expenses lowered...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.