American Airlines expects strong numbers

Boeing 787 (Photo: Jan Gruber).
Boeing 787 (Photo: Jan Gruber).

American Airlines expects strong numbers

Boeing 787 (Photo: Jan Gruber).
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The US airline American Airlines expects the vigorous recovery to continue in the final quarter in view of customers' desire to travel.

The company is thus following the competition, which, despite general concerns about consumer purchasing behavior in times of high inflation, also expects continued good demand for travel. In addition, the industry also benefits from sometimes significantly lower capacities, which enables higher ticket prices.

American Airlines revenue in the final quarter is expected to be 11 to 13 percent above the level of the fourth quarter of 2019, i.e. above the pre-corona level, as reported by the German aviation portal Aero. In addition, adjusted earnings per share of 0,50 to 0,70 US dollars are to be achieved. Even at the lower end, that would be significantly more than average analysts expected and, at best, even a cent more than the third quarter, which is usually particularly good for airlines because of the summer travel season.

Revenue rose 2019 percent to $13 billion for the quarter compared to the same period in 13,5, despite lower capacity. The company management had recently announced such a development and therefore raised its company forecast for the third quarter. Compared to the third quarter of 2021, which was heavily affected by corona, it was even an increase in sales of 50 percent. On balance, American Airlines made $483 million, nearly three times what it was a year ago.

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Editor of this article:

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
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Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

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