One of America’s largest air carriers, American Airlines (NASDAQ: AAL), posted mixed second-quarter fiscal 2022 results, pushing the stock down over 9% on the news. American Airlines missed earnings expectations while revenue exceeded expectations. Although the air carrier did rope in an adjusted profit for the first time since the onset of the pandemic. Furthermore, the company expects to be profitable in the third quarter. AAL CEO, Robert Isom, said, “The American Airlines team has stepped up to meet the surge in demand for air travel while running a reliable operation in very challenging conditions.
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American Airlines (NASDAQ:AAL)
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