U.S. airlines forecast strong 2023 travel, costs may dampen outlook
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American Airlines (AAL) tops earnings expectations boosted by strong travel demand
January 26, 2023 8:07 AM ESTAmerican Airlines (NASDAQ: AAL) topped earnings and revenue expectations for the fourth quarter, boosted by strong travel demand and high fares.
The airline reported earnings of $1.17, $0.34 above the analyst estimate of $0.83, while revenue came in at $13.2 billion versus the consensus estimate of $12.88 billion.
Revenue... More
