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American Airlines’ losses fall by 73% in the third quarter

American Airlines’ losses fall by 73% in the third quarter

Earnings per share, after excluding special items, amounted to $0.3 per share, compared to $0.38 during the third quarter of last year.

Analysts’ average forecast for adjusted earnings was $0.16 per share.

At the same time operating revenues increased American Airlines By 1.2 percent annually to $13.6 billion, compared to $13.5 billion during the same period last year, while analysts were expecting revenues of $13.5 billion.

She said Company It expects adjusted earnings during the fourth quarter of the current year to range between $0.25 and $0.5 per share, while analysts expect $0.3 per share.

The company also expects its adjusted profits during the current year as a whole to reach between $1.35 and $1.6 per share, while previous expectations ranged between $0.7 and $1.3, and analysts expected $1.22 per share.



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