Wednesday, June 7, 2023
Aviation A2Z
  • AME
    • AME Online Classes
    • Concepts
    • Module Notes
    • Exam Updates
  • Aviation Blogs
    DGCA has begun 2 month special audit of airlines, due to rising tech snags

    DGCA has begun 2 month special audit of airlines, due to rising tech snags

    NASA Boeing 747 damaged in New Zealand Due to Severe Weather

    NASA Boeing 747 damaged in New Zealand Due to Severe Weather

    Air France aircraft back to Paris after “Technical issues” | Exclusive

    Air France aircraft back to Paris after “Technical issues” | Exclusive

    Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

    Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

    Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

    Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

    DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

    DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

    Jet Airways gets air operator certificate from DGCA

    Jet Airways lenders threaten to go bankrupt, Regarding rental revenue | Exclusive

    Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

    Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

    Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

    Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

    Trending Tags

    • Jobs
    • News
      DGCA has begun 2 month special audit of airlines, due to rising tech snags

      DGCA has begun 2 month special audit of airlines, due to rising tech snags

      NASA Boeing 747 damaged in New Zealand Due to Severe Weather

      NASA Boeing 747 damaged in New Zealand Due to Severe Weather

      Air France aircraft back to Paris after “Technical issues” | Exclusive

      Air France aircraft back to Paris after “Technical issues” | Exclusive

      Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

      Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

      Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

      Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

      DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

      DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

      Jet Airways gets air operator certificate from DGCA

      Jet Airways lenders threaten to go bankrupt, Regarding rental revenue | Exclusive

      Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

      Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

      Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

      Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

      Trending Tags

      • Pilot Corner
        DGCA has begun 2 month special audit of airlines, due to rising tech snags

        DGCA has begun 2 month special audit of airlines, due to rising tech snags

        NASA Boeing 747 damaged in New Zealand Due to Severe Weather

        NASA Boeing 747 damaged in New Zealand Due to Severe Weather

        Air France aircraft back to Paris after “Technical issues” | Exclusive

        Air France aircraft back to Paris after “Technical issues” | Exclusive

        Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

        Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

        Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

        Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

        DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

        DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

        Jet Airways gets air operator certificate from DGCA

        Jet Airways lenders threaten to go bankrupt, Regarding rental revenue | Exclusive

        Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

        Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

        Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

        Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

      • RTR Classes
      • About Us
      • Contact Us
      No Result
      View All Result
      • AME
        • AME Online Classes
        • Concepts
        • Module Notes
        • Exam Updates
      • Aviation Blogs
        DGCA has begun 2 month special audit of airlines, due to rising tech snags

        DGCA has begun 2 month special audit of airlines, due to rising tech snags

        NASA Boeing 747 damaged in New Zealand Due to Severe Weather

        NASA Boeing 747 damaged in New Zealand Due to Severe Weather

        Air France aircraft back to Paris after “Technical issues” | Exclusive

        Air France aircraft back to Paris after “Technical issues” | Exclusive

        Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

        Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

        Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

        Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

        DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

        DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

        Jet Airways gets air operator certificate from DGCA

        Jet Airways lenders threaten to go bankrupt, Regarding rental revenue | Exclusive

        Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

        Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

        Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

        Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

        Trending Tags

        • Jobs
        • News
          DGCA has begun 2 month special audit of airlines, due to rising tech snags

          DGCA has begun 2 month special audit of airlines, due to rising tech snags

          NASA Boeing 747 damaged in New Zealand Due to Severe Weather

          NASA Boeing 747 damaged in New Zealand Due to Severe Weather

          Air France aircraft back to Paris after “Technical issues” | Exclusive

          Air France aircraft back to Paris after “Technical issues” | Exclusive

          Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

          Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

          Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

          Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

          DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

          DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

          Jet Airways gets air operator certificate from DGCA

          Jet Airways lenders threaten to go bankrupt, Regarding rental revenue | Exclusive

          Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

          Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

          Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

          Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

          Trending Tags

          • Pilot Corner
            DGCA has begun 2 month special audit of airlines, due to rising tech snags

            DGCA has begun 2 month special audit of airlines, due to rising tech snags

            NASA Boeing 747 damaged in New Zealand Due to Severe Weather

            NASA Boeing 747 damaged in New Zealand Due to Severe Weather

            Air France aircraft back to Paris after “Technical issues” | Exclusive

            Air France aircraft back to Paris after “Technical issues” | Exclusive

            Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

            Exclusive: Aviation Minister inaugurates Spicejets Jabalpur-Kolkata flight

            Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

            Airlines can’t charge extra for a boarding pass at check-in desks in airports: Civil Aviation

            DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

            DGCA releases Air Traffic Data for June Month, 237% monthly Growth | Exclusive

            Jet Airways gets air operator certificate from DGCA

            Jet Airways lenders threaten to go bankrupt, Regarding rental revenue | Exclusive

            Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

            Exclusive: Pilot Kamal Kumar surprises his family by flying them home | watch what the Pilot did…

            Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

            Indian startup ePlane Company to launch a flying taxi by 2023 | Exclusive

          • RTR Classes
          • About Us
          • Contact Us
          No Result
          View All Result
          Aviation A2Z
          No Result
          View All Result

          Home » American Airlines posts yearly loss, focuses on profitability in 2022

          American Airlines posts yearly loss, focuses on profitability in 2022

          Mahesh Darkunde by Mahesh Darkunde
          January 22, 2022
          in News
          A A
          0
          American Airlines posts yearly loss, focuses on profitability in 2022
          47
          SHARES
          WhatsappShare on FacebookShare on Twitter

          American Airlines (A1G) (AAL) has reported a yearly loss of $2 billion citing the industry’s struggle to recover from the ongoing COVID-19 pandemic. Following a year of uncertainty, the airline is focused on returning to profitability in 2022.

          “Over the past year, we have experienced periods of high travel demand countered by periods of decreased demand due to new COVID-19 variants,” said American’s Chairman and CEO Doug Parker. 

          During the fourth quarter of 2021, a lucrative period for carriers across the world, the airline lost $931 million.

          YOU MAY ALSOLIKE

          Woman Enters the Live Runway at the Houston Int’l Airport

          British Airways Plans New Lounge Bar at the London Heathrow

          The negative financial result was largely attributed to the Omicron variant of COVID-19, which was first discovered in late November 2021.

          “This volatility has created the most challenging planning environment in the history of commercial aviation,” Parker added.

          Despite a year of losses, the airline ended 2021 with $15.8 billion in liquidity, a record for the company. American Airlines (A1G) (AAL) also retired some of its older planes, replacing these with new and more efficient aircraft.

          Looking ahead, American “will continue to match its forward capacity with observed bookings trends”. However, based on the current situation, the carrier anticipates its Q1 capacity to be down approximately 8% to 10% compared to the first quarter of 2019.

          American Airlines (A1G) (AAL) has reported a yearly loss of $2 billion citing the industry’s struggle to recover

          “American expects its first-quarter total revenue to be down approximately 20% to 22% versus the first quarter of 2019,” according to the airline’s statement.

          Also read: American Airlines pilots are protesting at DFW Airport. Know Why?

          In late March 2022, Doug Parker will retire as CEO of American Airlines (A1G) (AAL), ending a nine-year term.

          Parker will be succeeded by current president Robert Isom.

          Isom stated: “Looking forward, our focus in 2022 will be to continue running a reliable airline, returning to profitability, and delivering on our long-term plan to deleverage the balance sheet.”

          Stay Tuned and Informed with Aviation a2z . Have a cheerful day ahead!

          Tags: A1GAALAmerican AirlinesLosspandemicPilotsprofitRecovery
          Previous Post

          Greece receives six fighter jets from France

          Next Post

          Airbus terminates contract to deliver 50 A321neo aircraft to Qatar Airways

          Mahesh Darkunde

          Mahesh Darkunde

          Journalist - He is an Aircraft Maintenance Engineer, Mahesh has always had a knack for all things aviation. He Join Aviation A2Z as a writer nearly 2 years ago.

          Related Posts

          Woman Enters the Live Runway at the Houston Int'l Airport
          Airport

          Woman Enters the Live Runway at the Houston Int’l Airport

          June 7, 2023
          British Airways Plans New Lounge Bar at the London Heathrow
          Airline News

          British Airways Plans New Lounge Bar at the London Heathrow

          June 7, 2023
          Southwest Drunk Female Passenger Assault the US Authority
          Aviation Incident/Accident

          Southwest Drunk Female Passenger Assault the US Authority

          June 7, 2023
          Go First / Go Air Airbus A320
          Airline News

          DGCA is Reviewing the Go First Latest Restart Plan: Scindia

          June 7, 2023
          Emirates Will Refine its Long-Hual First Class, Says President and More
          Airline News

          Emirates Will Refine its Long-Hual First Class, Says President and More

          June 7, 2023
          The new ATC tower at Bhopal Airport will allow 24-Hour flight operation
          Airport

          The new ATC tower at Bhopal Airport will allow 24-Hour flight operation

          June 7, 2023
          Next Post
          Airbus terminates contract to deliver 50 A321neo aircraft to Qatar Airways

          Airbus terminates contract to deliver 50 A321neo aircraft to Qatar Airways

          New rules- ‘One Hand Bag’ allowed with single check-in baggage in domestic Flights

          New rules- 'One Hand Bag' allowed with single check-in baggage in domestic Flights

          Please login to join discussion

          POPULAR NEWS

          Image : Air Kerala

          New Airline: Indian Businessman in the UAE to Launch Air Kerala

          May 5, 2023
          First look: Reliance Chairman Mukesh Ambani’s New Boeing 737 MAX 9

          First look: Reliance Chairman Mukesh Ambani’s New Boeing 737 MAX 9 | Exclusive

          April 20, 2023
          Air India Express Pilot ‘feels Uncomfortable’ During Landing, Requests Airport Help | Exclusive

          Air India Express Pilot ‘feels Uncomfortable’ During Landing, Requests Airport Help | Exclusive

          May 2, 2023
          FIRST LOOK: Air India Airlines New Possible Branding, Livery, Logo and More | Exclusive

          FIRST LOOK: Air India Airlines New Possible Branding, Livery, Logo and More | Exclusive

          May 19, 2023
          Air India A321neo interiors

          INSIDE: Air India New Airbus A321neo Interiors | Exclusive

          May 19, 2023

          EDITOR'S PICK

          Latest: Kalrock Jalan Seeks to Stop the Sale of Jet Airways Boeing 777s

          LATEST: Jet Airways Secures Legal Victory Against Lending Bank

          May 30, 2023
          Indian Airlines at Delhi Airport

          Skyrocketing Airfares: High Fares Surge 10x on Exclusive Routes amid Go First Grounding

          June 7, 2023
          IndiGo Launches First of its Kind Jobs Initiative "Takeoff 2.0" | Exclusive

          A passenger of IndiGo was Arrested in Amritsar for Assaulting a Female Cabin Crew

          June 2, 2023
          Adani Mangaluru Int’l Airport Completes Runway Recarpeting in 75 Days | Latest

          Adani Mangaluru Int’l Airport Completes Runway Recarpeting in 75 Days | Latest

          June 7, 2023
          Aviation A2Z

          Aviation A2Z provides the Latest News, Exclusive Blogs, Verified Jobs, and More.

          We are India’s leading aviation organization dedicated towards supporting and helping aviation professionals.

          Categories

          • Aerospace
          • Air India
          • Airbus
          • Aircraft Deliveries
          • Aircraft Manufacturers
          • Aircraft Orders
          • Airline News
          • Airport
          • AIX Connect
          • Akasa Air
          • AME
          • Aviation Blogs
          • Aviation Incident/Accident
          • Aviation News
          • Boeing
          • Breaking
          • Concepts
          • Defense
          • Exam Updates
          • Exclusive
          • Featured
          • Flight Review
          • Go First
          • Indian Airlines
          • Indian Aviation News
          • IndiGo
          • International Aviation News
          • Interviews
          • Jet Airways
          • News
          • Pilot Corner
          • Quick Updates
          • SpiceJet
          • Star Air
          • Today in Aviation
          • Uncategorized
          • US Airlines News
          • USA Aviation News
          • Vistara

          Recent Posts

          • Woman Enters the Live Runway at the Houston Int’l Airport
          • British Airways Plans New Lounge Bar at the London Heathrow
          • Southwest Drunk Female Passenger Assault the US Authority
          • DGCA is Reviewing the Go First Latest Restart Plan: Scindia

          © 2018-2022 Aviation A2Z - Latest Aviation News

          No Result
          View All Result
          • Home
          • AME
            • Online DGCA lectures
            • Module Notes
            • Exam Updates
            • Concepts
          • Blogs
          • Jobs
          • News
          • Pilot Corner
            • Pilot CPL Classes
          • Resume Builder
          • About Us

          © 2018-2022 Aviation A2Z - Latest Aviation News