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 7.1% to $8.61 billion, producing an operating profit of $1.22 billion, up 66% over an operating profit of $730 million in the prior-year period. American blamed the revenue dip on ...

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