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American Airlines (AAL) Stock Higher as Earnings Beat Estimates

NEW YORK (TheStreet) -- American Airlines (AAL - Get Report) stock is advancing by 0.52% to $46.23 in early morning trading on Friday, following the release of the company's 2015 third quarter financial results.

The airline reported adjusted earnings of $2.77 per share for the most recent period, up from $1.66 per share for the 2014 third quarter.

Revenue declined by 3.9% year over year, to $10.71 billion from $11.14 billion for the year ago period. American Airlines was negatively affected by a weak dollar, decreased demand from Brazil and Venezuela and the removal of fuel surcharges for international flights, according to the Wall Street Journal.

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