(Reuters) – American Airlines Group Inc (O:), the No. 1 U.S. airline by passenger traffic, reported a fall in profit from a year earlier, when it recorded a $ 3 billion tax benefit.
The company said its net income fell to $ 289 million, or 56 cents per share, in the fourth quarter ended Dec. 31, from $ 3.28 billion, or $ 5.09 per share, a year earlier.
Excluding items, the airline earned $ 1.48 per share.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.