American Airlines first-quarter profit tops expectations

April 24, 2015 11:49 AM

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American Airlines first-quarter profit tops expectations

(Reuters) - American Airlines Group Inc (AAL.O) on Friday reported first-quarter profit above analysts' expectations and declared a $0.10 dividend as cheap fuel continued to help its bottom line.

American, the world's largest passenger carrier, earned $932 million last quarter, nearly double its profit a year earlier. Excluding special items, it earned $1.2 billion, or $1.73 per diluted share, compared to analysts' average estimate of $1.71 per diluted share, according to Thomson Reuters I/B...

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