American Airlines posts $545 million loss for third quarter as revenue flat
American Airlines posted a disappointing loss for the third quarter of the year
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American Airlines posted a disappointing loss for the third quarter of the year
Operator: Thank you for standing by and welcome to American Airlines Group's Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.
American Airlines reports record Q3 2023 revenue of .5 billion, with a net income of 3 million after excluding special items.
American Airlines paid out nearly $1 billion in bonuses to pilots, causing its profits to take a tumble in the third quarter.
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.