American Airlines' profit dips 15% in Q3

Earnings Reuters

Boeing 757 Winglet a mid-size, narrow-body twin-engine jet airliner. (American Airlines)

Oct 26 (Reuters) - American Airlines Group Inc's profit fell 15.3 percent in the third quarter, hurt partly by disruptions arising from hurricanes.

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The No.1 U.S. airline by passenger traffic said on Thursday its net income fell to $624 million or $1.28 per share in the quarter ended Sept. 30, from $737 million or $1.40 per share, a year earlier.

On an adjusted basis, American earned $1.42 per share.

Its operating revenue rose to $10.88 billion from $10.59 billion.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Sai Sachin Ravikumar)

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