American Airlines up 11% in pre-market trade

SkyPixel

…Q1 22 results out today, it said:

– First-quarter revenue of $8.9 billion, representing a recovery to 84% of comparable period revenue in 2019.

– First-quarter net loss of $1.6 billion, or ($2.52) per share. Excluding net special items1, first-quarter net loss of $1.5 billion, or ($2.32) per share.

– Company was profitable excluding net special items in March and expects to be profitable in the second quarter based on the current demand trends and fuel price forecast.

– Ended the first quarter with ...