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American Airlines: solid Q4 and FY 2019 results

(CercleFinance.com) - Published before trading on Thursday, American Airlines' Q4 results included EPS, excluding exceptional items, of 1.
15 dollar, up 19% y-o-y.

Likewise, over the FY 2019, EPS increased by 8% to 4.90 dollars, again excluding exceptional items.

"Looking to 2020, we are focused on three key areas. First, we will continue to deliver operational excellence and build on our strong fourth-quarter results. Our team has done a tremendous job, and we will keep driving improvement in key operational metrics in the year ahead. Second, we will deliver those results while growing where we have a competitive advantage in our most profitable hubs. And third, these initiatives combined with our capital plan will enable us to drive significant free cash flow in 2020 and beyond" it said.

The airline thus targets EPS adjusted for exceptional items of between 4 dollars and 6 dollars in 2020.

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