American Airlines posts second-quarter profit as leisure travel recovers By Reuters

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© Reuters. FILE PHOTO: A member of a ground crew walks past American Airlines planes parked at the gate at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. REUTERS/Joshua Roberts/File Photo

(Reuters) – American Airlines (NASDAQ:) Group Inc on Thursday posted a quarterly profit compared with a year-ago loss on the back of a recovery in travel demand, as more Americans gear up for flights after getting vaccinated.

The U.S airline posted a net income of $19 million, or 3 cents per share, in the quarter ended June 30, compared with a loss of $2.07 billion, or $4.82 per share, a year earlier.

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