Thursday, January 24, 2019

American Airlines Expects To Deliver Strong Pre-tax Earnings Growth In 2019

American Airlines Group Inc. (AAL) announced, for 2019, the company expects earnings per share, excluding net special items, to be between $5.50 and $7.50. The company expects to achieve $1 billion of revenue improvements in 2019 as it benefits from network optimization, merchandising and product segmentation. The company projects its 2019 initiatives to produce more than $300 million of cost savings compared to 2018 by eliminating post-merger cost redundancies, leveraging technology efficiencies, and implementing changes to network strategy.

from RTT - Earnings http://bit.ly/2HunQ6a
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