American Airlines

American Airlines Announced a Profit Sharing Program to Improve Relation with Workers

American Airlines Announced a Profit Sharing Program to Improve Relation with Wo

American Airlines Group Inc. that has been making an effort to improve its relation with its workers gave in to the pressure from employees to adopt a profit-sharing program. For a while the airline's main focus has been to improve the labor relations and to perk up its performance.

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American Airlines first-quarter profit better than forecast

American Airlines first-quarter profit better than forecast

On Friday, American Airlines Group Inc reported first-quarter profit, slightly higher than estimated by analysts. The airline also announced a $0.10 dividend thanks to cheap fuel that helped its bottom line. American is the world's largest passenger carrier.

Last quarter, the airline earned $932 million, approximately double its profit a year earlier. According to Thomson Reuters I/B/E/S, apart from special items, the airline earned $1.2 billion, or $1.73 per diluted share, compared to analysts' average forecast of $1.71 per diluted share.

American Airlines flight from Dallas makes Emergency Landing on Monday

American Airlines flight from Dallas makes Emergency Landing on Monday

An emergency landing has been made by American Airlines flight from Dallas when the pilots sensed an `unusual odor' in the cockpit. The plane was traveling to Cedar Rapids, Iowa, from Dallas-Fort Worth when diverted to Tulsa.

The plane landed safely at Tulsa International Airport, and the 63 passengers and a crew of four were taken to the terminal. Tulsa International Airport spokeswoman Alexis Higgins said that the passengers were asked to get down when airport responders ensure that everybody was ok. The passengers were provided with transportation to the terminal building.

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American Airlines reports $1.1 billion Earnings in Fourth Quarter

American Airlines reports $1.1 billion Earnings in Fourth Quarter

On Tuesday, American Airlines announced that the aviation major earned $1.1 billion in the fourth quarter and $4.2 billion for all of 2014. The profits excluded special charges and items. American Airlines earned $597 million for the fourth quarter and $2.9 billion for the year. These numbers represent the best fourth quarter and full year in the history of American Airlines.

The company also reported the biggest profit that surpassed No. 2 Delta Air Lines by $1.35 billion.

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