Earnings Review: American Airlines' Earnings Surge With Lower Fuel Costs, Despite A Fall In Top Line

American Airlines, the world’s largest airline by traffic, reported extraordinary earnings for 2015 on the back of depressed fuel costs, making it the best year in the history of the airline. The airline witnessed a notable expansion in its margins as it enjoyed the full benefit of the lower fuel costs due to its no-hedge policy. However, its unit revenue declined due to currency headwinds and higher competition, dragging down its revenue. Additionally, the airline completed its integration wi...