American Airlines earns $476 million on record revenue in 2Q

American Airlines earned $476 million in the second quarter on record revenue from summer travelers and said Thursday that it expects to remain profitable in the third quarter. It was American’s first quarterly profit without government pandemic aid in the COVID-19 era. While revenue from leisure travelers is soaring, so are costs, especially for fuel. That kept quarterly profit 28% below the same period in 2019.