American Airlines Group Inc. expects its fourth-quarter 2021 income to be down about 17% from the same period in pre-pandemic 2019, though it had previously expected a 20% decline.
Passenger traffic declined 13% for the fourth quarter of 2019, to 61.1 billion passenger miles, the company said in documents sent to the Securities and Exchange Commission (SEC). The previous forecast called for an 11-13% reduction. Last quarter, the pre-tax loss was expected to be between $1.24 billion and $1.17 billion.
Shares of American were up 1.7% in Tuesday's premarket session. The company's capitalization has risen 22% in the past 12 months, to $12.48 billion.
The company will release financial results for the fourth quarter and 2021 as a whole on Jan. 20.
In addition to American Airlines' income information, we would like to give you one helpful tip. Such information will be handy for those who prefer traveling by air and getting to the airport by their own car.
There is no question that a safe parking space must be arranged for your vehicle during a trip. However, in most cases, people aren't ready to spend a lot of money on this. It is a common problem among travelers, as they know that on-site parking (it may seem that it is the best option for this case) is pretty costly. So what can we do then?
We are glad to inform you that our booking platform, ParkingNearAirports.io, offers travelers online reservations for parking just outside airports that are convenient and affordable. Our experienced team is dedicated to providing travelers parking options at over 100 airports in the U.S. and Canada. In addition, the app allows customers to search and compare parking rates at up to 70 percent savings compared to the cost of on-site parking at all major airports.
Being nearby doesn't always mean convenience when it comes to airport parking. Being in terminal parking is not convenient at all. Travelers have to find a spot in a crowded lot, carry their luggage throughout the parking lot, and pay high fees without great service. The off-airport parking provides excellent service with their award-winning customer service representatives available 24/7. In addition, the app looks for lots that offer baggage assistance and 24-hour security for peace of mind.
With our platform, it only takes a few clicks in the app to reserve a parking spot. Guests receive a booking confirmation and a guaranteed parking space upon arrival at the off-airport parking. In addition, the app helps customers locate the most convenient lots to the airport. Cancellations are easy if plans change with hassle-free, refundable cancellations.
Off-airport parking lots often provide free shuttle going back and forth between the parking lot and the airport, removing any worry of traveling to and from the airport or getting stuck in traffic on the way to the airport during peak hours. Arrive on time for flights and receive significant savings with airport parking.
Besides this, we also offer services for top cruise ports in Florida, Louisiana, Maryland, New Jersey, and Texas.
Let's take a good example. Imagine that you live in Virginia. If you're planning a trip to Texas, you can choose cheap parking near Dulles Airport. If you're coming from any other state or city, the situation is the same. So it depends just on where you are flying from.
Also, please don't forget about the airport coupons. Such a coupon can easily help you save money at the beginning of your trip, making the price for parking almost two times less. So if we talk about the Dulles International Airport, you can use a special IAD parking coupon.
You can find the best deals, airport parking prices, and other information connected with parking near U.S. and Canadian airports on our official website.