American Airlines Posts Profit Versus Year-Ago Loss as Travel Demand Improves

An American Airlines Boeing 777-300ER level takes disconnected from Sydney Airport successful Sydney, Australia connected Oct. 28, 2020. (Loren Elliott/Reuters)

American Airlines Group Inc. reported a quarterly profit compared to a year-ago nonaccomplishment connected Thursday, arsenic easing COVID-19 curbs strengthened question demand up of the highest vacation season.

The No.1 U.S. hose reported a nett income of $169 million, oregon 25 cents per share, successful the 3rd 4th ended Sept. 30, compared with a nonaccomplishment of $2.40 billion, oregon $4.71 per share, a twelvemonth earlier.