American Airlines Expects a Sharp Rise in Profits | 27 January 2023 | Daily Morning Note

Let the Money Talk · Jan 27, 2023 · 4m

American Airlines on Thursday forecast sharply higher profit for the full year and beat estimates for quarterly earnings on buoyant demand for air travel. The carrier expects an adjusted profit of US$2.50 and US$3.50 per share for 2023, up from 50 cents per share a year earlier.

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