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FINWIRES

研究快讯:Aal:第一季度亏损收窄,营收强劲增长;燃料价格仍是主要不利因素

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-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师总结如下:美国航空(AAL)公布第一季度调整后每股亏损0.40美元,高于上年同期的0.50美元,也优于市场普遍预期的0.46美元。总营收达139亿美元,同比增长10.8%,高于市场普遍预期的137亿美元,主要得益于7.6%的强劲单位营收增长。其中,大西洋航线营收增长16.7%。我们认为,公司营收表现强劲,各项战略重点正在取得成效,尤其是在高端客户收入增长和常旅客计划参与度方面,AAdvantage会员注册量增长了25%。全年每股收益预期为-0.40美元至1.10美元(中值为0.35美元),高于市场普遍预期的-0.12美元,预计第二季度营收增长率为13.5%至16.5%。通过新飞机的交付,高端舱位的扩张速度是经济舱的两倍,从而支撑了更高利润率的收入来源。总债务降至347亿美元,为2015年年中以来的最低水平,为战略提供了灵活性。我们相信,管理层对高端舱位收入和成本控制的重视,将使美国航空在燃油压力缓解的情况下,实现持续增长。

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