American Airlines Beats Street 1Q Forecasts

April 24, 2015 12:13 PM

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The fuel bill at American Airlines fell by nearly half in the first quarter, helping the company set a record profit despite a dip in revenue.

The combination of cheaper fuel and steady demand for flights within the U.S. is boosting all the major domestic airlines, with American joining Delta, United and Southwest in posting sharply higher earnings.

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