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Airlines company $AAL said, in April 2016, total revenue passenger miles were 18Bil, down 0.2% versus April 2015. Total capacity was 22.4Bil available seat miles, up 1.3%. Total passenger load factor was 80.4%, down 1.2%. $AAL expects 2Q16 consolidated PRASM to be down approx. 6-8% YoverY and pretax margin excluding special items to be 14-16%.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.