Updated: American Airlines beats Street 2Q forecasts

FORT WORTH, Texas — American Airlines Group Inc. (AAL) on Friday reported second-quarter profit of $950 million. The Fort Worth, Texas-based company said it had net income of $1.68 per share. Earnings, adjusted for one-time gains and costs, came to $1.77 per share. The results exceeded Wall Street expectations. The average estimate of seven analysts […]