Flood Watch
from FRI 11:00 AM MST until SAT 11:00 PM MST, Coconino Plateau, Yavapai County Mountains, Little Colorado River Valley in Coconino County, Little Colorado River Valley in Navajo County, Little Colorado River Valley in Apache County, Western Mogollon Rim, Eastern Mogollon Rim, White Mountains, Northern Gila County, Yavapai County Valleys and Basins, Oak Creek and Sycamore Canyons, Western Pima County including Ajo/Organ Pipe Cactus National Monument, Tohono O'odham Nation including Sells, Upper Santa Cruz River and Altar Valleys including Nogales, Tucson Metro Area including Tucson/Green Valley/Marana/Vail, South Central Pinal County including Eloy/Picacho Peak State Park, Southeast Pinal County including Kearny/Mammoth/Oracle, Upper San Pedro River Valley including Sierra Vista/Benson, Eastern Cochise County below 5000 ft including Douglas/Wilcox, Upper Gila River and Aravaipa Valleys including Clifton/Safford, White Mountains of Graham and Greenlee Counties including Hannagan Meadow, Galiuro and Pinaleno Mountains including Mount Graham, Chiricahua Mountains including Chiricahua National Monument, Dragoon/Mule/Huachuca and Santa Rita Mountains including Bisbee/Canelo Hills/Madera Canyon, Santa Catalina and Rincon Mountains including Mount Lemmon/Summerhaven, Baboquivari Mountains including Kitt Peak, Kofa, Central La Paz, Aguila Valley, Southeast Yuma County, Gila River Valley, Northwest Valley, Tonopah Desert, Gila Bend, Buckeye/Avondale, Cave Creek/New River, Deer Valley, Central Phoenix, North Phoenix/Glendale, New River Mesa, Scottsdale/Paradise Valley, Rio Verde/Salt River, East Valley, Fountain Hills/East Mesa, South Mountain/Ahwatukee, Southeast Valley/Queen Creek, Superior, Northwest Pinal County, West Pinal County, Apache Junction/Gold Canyon, Tonto Basin, Mazatzal Mountains, Pinal/Superstition Mountains, Sonoran Desert Natl Monument, San Carlos, Dripping Springs, Globe/Miami, Southeast Gila County

Amid delays, American Airlines earns $476 million on record revenue in 2Q

American Airlines planes are seen at Philadelphia International Airport in Philadelphia, Pennsylavania on June 20, 2022. (Photo by DANIEL SLIM/AFP via Getty Images)

American Airlines earned $476 million in the second quarter on record revenue from summer travelers and said Thursday that it expects to remain profitable in the third quarter.

It was American's first quarterly profit without government pandemic aid in the COVID-19 era.

Revenue from leisure travelers topped 2019 levels, said CEO Robert Isom, and demand also increased for business travel, which has lagged. He said international bookings improved during the quarter and are expected to keep rising now that the government has dropped a requirement for a negative COVID-19 test for people flying to the United States.

Airlines have struggled with flight delays and cancellations this summer. The airline industry has blamed bad weather and understaffing of federal air traffic controllers. But federal officials have pointed to understaffing at the airlines, which led to tens of thousands of workers quitting during the pandemic.

Isom said American's record for on-time flights and cancellations both improved in the second quarter, compared with the same period in 2019.

RELATED: Delta passenger explains why he declined $10K offer to give up airplane seat

The Fort Worth, Texas, airline said it expects a profitable third quarter, based on travel demand and the forecast for fuel prices. It said revenue will be 10% to 12% higher than the same period in 2019 even as it cuts passenger-carrying capacity by 8% to 10%.

In the second quarter, American's adjusted profit was 76 cents per share, a penny below the forecast of analysts surveyed by FactSet.

Revenue was $13.42 billion, up 12% from the same period in 2019 despite nearly 9% less flying. Analysts expected $13.33 billion.

Shares of American Airlines Group Inc. fell 3% before the opening of regular trading Thursday. Airline stocks were dragged lower by United Airlines' report the day before that its second-quarter profit fell short of Wall Street targets and it will reduce flights in the second half of the year.