American Airlines: Record profit for 2015

American Airlines: Record profit for 2015American Airlines posts its fourth quarter earnings(Photo: Ted S. Warren, AP)American Airlines Group ended 2015 with a $3.3 billion profit in the fourth quarter, capping off a record-breaking year and echoing the financial results posted by several of its peers.The company’s fourth quarter profit counted a $3 billion special credit stemming from a change in its tax valuation allowance.For all of 2015, American posted a record profit, including special items, of $7.6 billion or $11.07 per share. It had reported a $2.9 billion profit the previous year.”We are extremely pleased to report record quarterly and full year earnings,” chairman and CEO Doug Parker said in a statement.¬†

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