27 January 2017

American Airlines Group reported a net profit of US$289m in the fourth quarter 2016. The Company’s fourth quarter 2016 results include a US$211m provision for income taxes, of which US$207m is non-cash due to net operating loss utilization. This compares to a GAAP net profit of US$3.3bn in the fourth quarter 2015, which included a […]

Air Transport Services Group reported that its Adjusted EBITDA from Continuing Operations is expected to be approximately US$7m lower than indicated in its prior guidance for the fourth quarter and full year 2016. This reduction in guidance is due to the revenue loss resulting from a brief work stoppage in mid-November 2016 by pilots of