American Airlines is bringing back seatback entertainment screens and adding premium seats to its narrowbody jets starting in 2028. This move responds to traveler demand, especially from younger passengers, and aims to close the profit gap with competitors like Delta and United. The new 4K displays will feature Bluetooth audio and USB-C charging, and existing planes will be retrofitted with these upgrades. This strategy is part of American Airlines' effort to boost appeal and profitability amid strong competition.
American Airlines shares dropped 4% after a surge in oil prices erased gains from its record Q3 earnings. Rising fuel costs, driven by geopolitical tensions, are pushing expenses beyond the airline's forecasts, causing a shift to an expected full-yea...
American Airlines reported a record third-quarter revenue of $16.3 billion, a 19.3% increase year-on-year, driven by strong demand and higher premium travel spending. However, rising fuel costs, which increased by $1.9 billion or 67.5%, led to an adj...
Tesla's shares fell following a flat Q3 revenue report and a year-over-year decline in electric vehicle deliveries, despite slightly better-than-expected earnings per share. CEO Elon Musk highlighted efforts to expand full self-driving approvals and ...
American Airlines reported record third-quarter revenue but forecasted a full-year adjusted loss due to sharply rising fuel costs. The airline's Q4 loss guidance widened, reflecting jet fuel prices assumed at $4.70 per gallon, which significantly inc...
American Airlines forecasted deeper losses for the year, expecting an adjusted loss of $1 to $1.60 per share, worsening from its previous forecast of up to a 65-cent loss per share. This comes despite the airline reporting record third-quarter revenu...
