American Airlines profit jumps despite Boeing 737 Max problems

Earnings

An American Airlines Boeing 777-200 aircraft

Nicolas Economou | NurPhoto | Getty Images

American Airlines fourth-quarter earnings and revenue came slightly above analyst estimates, despite complications from the grounding of the Boeing 737 Max.

The Fort Worth-based carrier on Thursday posted net income of $414 million for the last three months of 2019, up more than 27% from a year earlier. Revenues rose 3.4% to $11.31 billion, just above Wall Street expectations.

This is breaking news. Check back for updates.

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