American Airlines states it will make a pretax earnings for the 2nd quarter, and its stock is skyrocketing
FILE -American Airlines traveler jets prepare for departure, Wednesday, July 21, 2021, near a terminal at Boston Logan International Airport, in Boston. Airlines dealingwith a pilot lack are improving pay. The CEO of American Airlines stated Thursday, June 30, 2022 that his airlinecompany hasactually used to raise pilot incomes by almost 17% through the end of 2024.(AP Photo/Steven Senne, File)
The Associated Press
FORT WORTH, Texas — Shares of American Airlines skyrocketed 10% Tuesday after the provider stated that it anticipates to post a pretax revenue for the 2nd quarter, as travelers pack aircrafts throughout the summerseason peak season.
The airlinecompany stated it will make $585 million in pretax earnings for the May-June quarter.
American repeated that r