American Airlines Exec Says Almost 2/3 Of Our Revenue, Certainly In This Last Quarter, Came From Advantage Customers, Says Advantage Customers Customers Are Proving To Be A Much More Resilient Pool Of Demand
Portfolio Pulse from Benzinga Newsdesk
American Airlines has reported that nearly two-thirds of its revenue in the last quarter came from Advantage customers, who have proven to be a more resilient pool of demand.
October 19, 2023 | 1:08 pm
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American Airlines' revenue is heavily reliant on Advantage customers, who have shown strong demand even in challenging times.
The news indicates that American Airlines' Advantage customers are a significant and stable source of revenue for the company. This could be seen as a positive sign by investors, potentially leading to a short-term increase in the company's stock price.
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