American 2019 Q3 Earnings

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American 2019 Q3 Earnings

Postby Greg on Wed Jul 31, 2019 8:15 am

The American Airlines Group earned a net profit of $662 million in the third quarter of FY 2019. American flew a total of 55.464 million passengers (40 million mainline and 15.457 million regional) in the quarter. Also of note, American paid $334 million in aircraft leases for the quarter, and another $487 million on fuel. System-wide load factor for both mainline and regional flights for the quarter was 86.6 percent. Mainline flights had an average stage length of 1,219 miles. Finally, American currently has 24 Boeing 737 MAX aircraft that are grounded.

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