Pricier airfare and booming passenger demand pushed American Airlines to record revenue levels for the second quarter, even though jet fuel and other costs soared.
Fort Worth-based American Airlines said it will bring in a record $13.4 billion in revenue for the April to June quarter that just ended, pre-reporting results ahead of the full release next Thursday, a practice that has become more common among carriers with uneven results of the COVID-19 pandemic.
That’s 12% better than during the second quarter of 2019, the pre-pandemic measure that airlines have been hoping to get back to during more than two years of uneven flying.
