January 27, 2017 BY Valentina Kirilova

American Airlines Group profit descends

American Airlines Group Inc (NASDAQ:AAL), the No. 1 U.S. airline by passenger traffic, has reported quite a drop in profit. A year earlier the airline company recorded a $3 billion tax benefit. American Airlines Group Inc announced that its net income fell to $289 million, or 56 cents per share, in the fourth quarter ended December 31,…

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