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SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of American Airlines
GlobeNewswire News Room· 2024-07-26 15:15
If you suffered losses exceeding $100,000 investing in American Airlines stock or options between January 25, 2024 and May 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/AAL. NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against American Airlines ...
American Airlines Wants To Resolve The Case Of The Missing $1.5 Billion
Forbes· 2024-07-26 12:57
These premium passengers flew Chicago-Frankfurt on a United Boeing 787 in April. (Photo by Nicolas ... [+] Economou)NurPhoto via Getty ImagesAmerican Airlines said Thursday that it will lose $1.5 billion in revenue this year due to a failed effort to bypass traditional corporate buying channels.It’s not quite clear where the money went. Delta and United have been coy in discussing whether American’s loss benefitted them. American did not respond to an emailed question on the topic.Dennis Tajer, spokesman fo ...
American Airlines reports lower profits but wins on IT outage
Techxplore· 2024-07-25 16:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Robert Isom, CEO of American Airlines, said the company had made progress in addressing problems from an ill-conceived booking systems upgrade, but that the issues would weigh on profits for 2024. American Airlines lowered its 2024 outlook Thursday on lingering effects of a botched booking system upgrade, but shares rallied as i ...
AAG(AAL) - 2024 Q2 - Earnings Call Presentation
2024-07-25 15:48
| --- | --- | --- | |-------|-------|------------------------------| | | | | | | | American Airlines Group Inc. | | | | QUARTER IAL July 25, 2024 | | | | | 7 Forward-looking statements Certain of the statements contained in this presentation should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward- looking statements may be identified b ...
AAG(AAL) - 2024 Q2 - Earnings Call Transcript
2024-07-25 15:48
American Airlines Group Inc. (NASDAQ:AAL) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Scott Long - VP, IR & Corporate Development Robert Isom - CEO Devon May - CFO Stephen Johnson - Vice Chairman David Seymour - Chief Operating Officer, Conference Call Participants Michael Linenberg - Deutsche Bank Scott Group - Wolfe Research Jamie Baker - JPMorgan Securities Savanthi Syth - Raymond James Conor Cunningham - Melius Research. Thomas Fitzgerald - TD Cowen Duane Pfennigwerth ...
American Airlines (AAL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-25 14:36
For the quarter ended June 2024, American Airlines (AAL) reported revenue of $14.33 billion, up 2% over the same period last year. EPS came in at $1.09, compared to $1.92 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $14.42 billion, representing a surprise of -0.60%. The company delivered an EPS surprise of +4.81%, with the consensus EPS estimate being $1.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
American Airlines cuts profit forecast after aggressive pricing strategy backfires
Proactiveinvestors NA· 2024-07-25 14:00
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of American Airlines
Prnewswire· 2024-07-25 13:55
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In American Airlines To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 investing in American Airlines stock or options between January 25, 2024 and May 28, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional i ...
American Airlines (AAL) Tops Q2 Earnings Estimates
ZACKS· 2024-07-25 13:15
American Airlines (AAL) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.81%. A quarter ago, it was expected that this world's largest airline would post a loss of $0.28 per share when it actually produced a loss of $0.34, delivering a surprise of -21.43%.Over the last four quarters, ...
American forecasts lower unit revenue, says took 'aggressive' action after sales strategy backfires
CNBC· 2024-07-25 11:05
An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California.American Airlines is forecasting a drop in unit revenue of as much as 4.5% for the third quarter as high demand failed to make up for an industry-wide glut of flights that have forced airlines to slash fares.The carrier's profit fell 46% during the second quarter even though revenues rose.The carrier has been grappling with an industry-wide oversupply ...