American Airlines Group Announces Profit of $1.9 billion in 2013
Published Feb 3, 2014 on Pilot Jobs
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The Airlines of the United States continue to grow and report huge profits, which fuels further growth and increasing prospects for great flying jobs. Most recently, the parent company of merged partners American Airlines and US Airways, American Airlines Group, reported a 2013 net profit of $1.9 billion on an adjusted basis that combines the full-year results of American and US Airways.
The adjusted net profit for the year 2013 represents a $1.5 billion improvement over a combined 2012 net profit of $407 million. American Airlines Group earned a combined net profit of $436 million for the 2013 fourth quarter, reversing a net loss of $42 million in the 2012 December quarter.
“The early returns on our merger are very positive,” American Airlines Group CEO Doug Parker said in a statement. “Our teams are working well together and our customers are already beginning to see the benefits of our combined network. We have much work ahead, but … these financial results are evidence of the strong foundation we have in place and we anticipate improving upon these results as we further integrate our operations in 2014.”
American Airlines has stated that they will hire 500 new pilots per year for the foreseeable future. ATP has an agreement in place to secure flying positions at American Eagle Airlines for our students, and those ATP pilots hired at Eagle will secure future pilot positions at American Airlines.
ATP offers a straight line from Zero Hours of flight experience to gaining all of your required flight certificates at ATP, then a guaranteed job flight instructing at ATP until you have enough flight time to move to a First Officer Position at American Eagle Airlines and then on to American Airlines.
Once you have decided to pursue a career in aviation, it is important to get your flying job (and start accruing seniority) as soon as possible. Seniority is everything in aviation. Get there first with ATP.