American Airlines Falls Short on Q1 Estimates While Alaska Airlines Surprises on Profit

Reported about 7 hours ago

American Airlines missed Wall Street's expectations for its first quarter profit due to rising costs and strategic issues, leading to a decline in its stock. Conversely, Alaska Airlines exceeded profit projections for the fourth quarter, forecasting a smaller loss for Q1 and demonstrating robust demand, particularly in business travel, boosted by its recent acquisition of Hawaiian Airlines.

Source: YAHOO

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