MIAMI – American Airlines (AA) has reported a 2Q18 pre-tax profit of $769 million, which is a net profit of $566 million.
“This was perhaps the most challenging quarter for the American team since our merger with US Airways in 2013,” said the airline’s Chairman and CEO Doug Parker.
American Airlines has placed quite a focus on the short and long-term as its financial strategy evolves going into the next decade.
Higher Fuel Prices
As the industry goes through a rise in fuel prices, AA…