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American Airlines second-quarter profit tops estimates
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Investing.com — American Airlines Group (NASDAQ:AAL) has reported better-than-anticipated profit in the second quarter in a sign of continued strength in the post-pandemic recovery in air travel.
Adjusted net income for the three month period climbed to $1.37 billion from $533 million in the same timeframe last year, beating Bloomberg consensus estimates of $1.12B. Earnings per share of $1.92 on an adjusted basis also topped expectations.
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