American Airlines fourth-quarter profit beats expectations

[January 29, 2016]  (Reuters) - American Airlines Group Inc <AAL.O> on Friday reported a fourth-quarter profit above analysts' estimates as cheap fuel continued to add to its bottom line.

American, the world's largest airline, earned $3.28 billion in the fourth quarter.

Excluding special items, earnings rose by 16.5 percent to $1.29 billion, or $2.00 per diluted share. Analysts on average expected $1.27 billion, or $1.97 per diluted share, according to Thomson Reuters I/B/E/S.

(Reporting by Jeffrey Dastin in New York; Editing by Lisa Von Ahn)

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