thanks so much.
doug collins joining us there.
american air lines out with its
earnings.
lauren simonetti with all the
numbers there.
lauren: let's get to it.
american airlines better than
expected profit, eps, $1.82,
revenue in line, $11.96 billion.
stock reaction, sharply to the
downside.
losing two and a quarter
percent.
here is the deal.
they fly 24 boeing 737 max jets
out of 900 aircraft, about 115
flights a day.
they're extending the grounding
to early november, so two
additional months.
that's the holiday season,
right.
and american is saying with
that, they expect that grounding
to negatively impact full year
pretax earnings by about
$400 million.
that stock is down.
i want to show you southwest.
because if you think 2.2% is
down.
southwest is down a 5 and a
quarter percent right now.
they fly the most max jets, 34
jets, 180 flights a day.
and the grounding has been so
significant to the company that