American Airlines has reported a third-quarter net profit of $169 million, or $0.25 per diluted share. However, the figure includes more than $990 million in federal payroll support.
American will launch new service between New York (JFK) and Delhi on October 31st and between Seattle and Bengaluru on January 4th next year.
The US justice department has argued a growing alliance between the two carriers had created a “de facto merger” in the New York and Boston markets, reducing competition.
American expects to increase commercial cooperation with Gol to accelerate growth and create a more seamless experience for all customers.
The proposed partnership would tie together the full-service, global presence of American with the complementary network of the ultra-low-cost carrier in South America.
The company recognised $1.4 billion of net special credits during the three-month period, largely related to financial assistance received from government payroll support programs.
American Airlines has moved 1.5 million Covid-19 vaccine doses from Chicago O’Hare International Airport to La Aurora International Airport in Guatemala City on a Boeing 777-200 aircraft.
American Airlines will invest in Vertical Aerospace, a leading UK-headquartered engineering and aeronautical business developing electric vertical take-off and landing aircraft.
Ahead of the G7 meeting in Cornwall later this month, aviation leaders from the UK and US said the lifting of restrictions was essential to igniting an economic recovery.
In this role, Mecole Brown will lead all aspects of global talent and recruitment, benefits and compensation, people operations and diversity, equity and inclusion.