A screen grab captured from a video shows a regional plane collided in midair with a military helicopter and crashed into the Potomac River in Washington, D.C. United States on Jan. 29, 2025.The midair collision of a military helicopter and an American Airlines regional jetliner on Wednesday night brings to an end a streak of commercial air travel safety that was unknown to previous generations.It is the worst air disaster on U.S. soil in more than 15 years.American Eagle Flight 5342 from Wichita, Kansas wa ...

PSA Airlines flight 5342 collided midair with a helicopter near Reagan National Airport and crashed.PSA Airlines is a subsidiary of American Airlines.The airport issued a ground stop following the accident; details on casualties are unknown.The Federal Aviation Administration confirmed on Wednesday that PSA Airlines flight 5342 collided midair with a helicopter during its final approach into Washington D.C.'s Reagan Washington National Airport. PSA is an American Airlines wholly-owned subsidiary and operate ...

Incident Overview - A midair collision occurred between an American Airlines regional jet (PSA Airlines Bombardier CRJ700) and a Sikorsky H-60 helicopter near Ronald Reagan Washington National Airport [1][2] - The collision happened while the passenger jet was on approach to Runway 33 at the airport [1] - Flight 5342 was arriving from Wichita, Kansas [1] Emergency Response and Impact - At least one aircraft was confirmed to be in the Potomac River [3] - A large presence of emergency responders was observed at the scene [3] - Reagan Washington National Airport was closed following the incident [3] Company and Aircraft Details - American Airlines acknowledged the incident and stated it would provide updates as information became available [3] - The CRJ-700 aircraft involved in the incident has a seating capacity of 65 passengers [3] Investigation - The Federal Aviation Administration (FAA) is investigating the midair collision [2] - The National Transportation Safety Board (NTSB) will lead the investigation into the incident [3]

American Airlines Group Inc AAL reported its fourth-quarter FY24 earnings along with a weak guidance. The following are the comments of the analysts regarding the same.Raymond James analyst Savanthi Syth reiterated an Outperform rating on the shares and lowered the price forecast from $24 to $23.This miss in the company’s first-quarter FY25 guidance was mainly due to the recent surge in fuel prices and the timing of year-over-year CASM-ex pressure, which is more concentrated in the first quarter due to the ...

Earnings Performance - American Airlines beat earnings estimates but projected a loss of 20 to 40 cents per share in the current quarter, compared to the expected four cents loss [2] - The company's shares fell 9%, reducing its year-to-date share price gain to near zero, while Delta shares were up 14% and United shares were up 8% [2] - In the fourth quarter, American reported a 5.9% adjusted pre-tax margin, compared to United's 9.7% and Delta's 10.8% [8] - For the full year, American's adjusted pre-tax margin was 3.4%, while United reported 8.1% and Delta reported 9.1% [8] Market Share and Operational Challenges - Analysts focused on American's efforts to recoup corporate market share lost in a failed 2024 effort to reduce distribution costs [3] - CEO Robert Isom highlighted improvements in key hubs like Charlotte, Dallas, Miami, and DCA, but acknowledged challenges in New York, Los Angeles, Philadelphia, and Chicago [6][7] - The company plans to boost regional flying to strengthen weaker points in its network, including partnerships with Alaska Airlines at LAX [6][7] Profit Sharing and Employee Compensation - American Airlines will pay out 1.5% of each pilot's 2024 earnings in profit sharing, compared to Delta's $1.4 billion (10% of eligible earnings) and United's $713 million [9][10] - Allied Pilots Association President Nick Silva criticized the disparity, noting that American's total income of $1.37 billion is less than Delta's profit-sharing payout [10] - Silva emphasized that American's pilots perform the same essential service for the same rates of pay as their peers at Delta and United, but their total compensation trails due to the company's lagging financial performance [11] Competitive Landscape - United CEO Scott Kirby declared United as the best airline in the history of aviation and criticized carriers that "chase load factor," indirectly targeting American [4] - Kirby noted that all seven United hubs are profitable, contrasting with American's lagging hubs [4] - The rivalry between American and United is further highlighted by the history between Kirby and Isom, with Kirby having been asked to leave American in 2016 due to executive tensions [5] Analyst Reactions - Analysts questioned the 9% sell-off of American's shares, with Deutsche Bank's Michael Linenberg calling it an attractive opportunity to own AAL [7] - Barclays analyst Brandon Oglenski noted that the negative market reaction likely reflects concerns about higher-than-expected cost inflation but sees a brighter outlook [7] - The potential for an improved credit card deal, restoration of lost corporate business, and increased regional flying could help American catch up to its peers [7]

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.American Airlines Group (NASDAQ: AAL ) reported earnings on the 23rd of January. In response to the earnings release, the stock dropped 8.7%. Despite the drop, American Airlines stock is up 14.4% since my last coverage and actuallyDhierin runs the ...

In this articleALKDALUALAALTravelers walk through O'Hare International Airport in Chicago, Illinois, on December 20, 2024 ahead of the upcoming Christmas holiday. Kamil Krzaczynski | AFP | Getty ImagesHigher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power.Fare-tracking platform Hopper this month said domestic "good deal" U.S. airfare in January is at $304, up 12% over last year, with more domestic flights ...

American Airlines’ (AAL) fourth-quarter 2024 earnings (excluding 2 cents from non-recurring items) of 86 cents per share beat the Zacks Consensus Estimate of 64 cents. In the year-ago quarter, AAL reported earnings of 29 cents per share. Operating revenues of $13.66 billion surpassed the Zacks Consensus Estimate of $13.42 billion and increased 4.6% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Despite the earnings and revenue beat, the AAL stock declined in the pre-ma ...

American Airlines Group (AAL -7.99%) beat quarterly expectations, but its outlook for what's to come wasn't as rosy as some had hoped for. Investors are heading for the exits after the results, sending American shares down as much as 10% for the day and down 8% as of 12:30 p.m. ET.Steady progressAmerican and other airlines have used strong post-pandemic demand trends to rebuild balance sheets and boost profitability. The process continued in the fourth quarter, as American's $0.86 per share in earnings on s ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: American Airlines projected a first-quarter loss but predicted improving travel demand would lift perfomrance later in 2025. Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter. American executives foreca ...