American Profits Plunge 88% In Q2, Airline Likely To Lose Money In 2026
American Airlines reports an 88% profit decline for the second quarter of 2026 as rising fuel costs cloud the company's financial outlook.
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American Airlines reports an 88% profit decline for the second quarter of 2026 as rising fuel costs cloud the company's financial outlook.
Anko van der Werff, the current CEO of Scandinavian Airlines, has been named the incoming CEO of Air Canada.
Economic analysts are bracing for the June jobs report, which aims to clarify whether recent hiring trends indicate growth or potential market cooling.
Major automakers report cooling sales figures for the second quarter as global demand faces regional headwinds.
Major U.S. stock indexes trend upward, driven by a resurgence in technology shares and investor optimism surrounding a proposed Comcast corporate split.