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AA, JetBlue Post Year-End Earnings
American Airlines beat already-revised analyst predictions for Q4 as it posted a profit of $843 million on $13.2 billion in gross revenue. The gross revenue jumped 17% from Q4 2019, and came despite operating a smaller airline, with capacity down 6.1%. AA ended the year $127 million in the black with Q4 pushing it to an annual profit after being in the red for the year’s first nine months.
The airline paid about $3.
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