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Home/ Editorial Comment/ Is it a vast cash machine, is it a Federal Reserve printing press – No it’s AAL!

Is it a vast cash machine, is it a Federal Reserve printing press – No it’s AAL!

Dino D'Amore
By Dino D'Amore Jan 27, 2015 7 mins read
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Is it a vast cash machine, is it a Federal Reserve printing press – No it’s AAL!

American Airlines Group (AAL) revenue is up 2.2% but RPKs are down 1% while ASKs are up 1.7%, operating expenses are down 4.1% while fuel costs fell 17.3%. AAL has reported record fourth quarter 2014 net profit excluding net special charges of $1.1bn, which is a 153% year-on-year increase. GAAP net ...

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