AERO TRADING GROUP Corp

American Airlines Q3 results exceed expectations

American Airlines Q3 results exceed expectationsAmerican Airlines Q3 results exceed expectationsAmerican Airlines Q3 results exceed expectations American Airlines Group has reported third-quarter 2022 net income of $483 million, or $0.69 per diluted share, compared to $169million in the prior-year period. American posted record quarterly revenue of $13.5 billion, which represents a 13% increase over the same period in 2019, despite flying 9.6% less capacity. The company produced an operating margin excluding net special items of 7.2% in the quarter. American ended the third quarter with $14.3 billion of total available liquidity (comprising of cash and short-term investments plus undrawn capacity under revolving and other credit facilities) which more than double the total available liquidity at year-end

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