The American American Airlines It raised its revised profit forecast for the second quarter of this year due to higher travel demand and lower fuel prices.
According to the airline, it is expected Earn between $1.45 and $1.65 Per share, $1.20 to $1.40 expected.
Similarly, the Fort Worth, Texas-based company confirmed that Income will be lower between 1% and 3% Compared to the same period last year, however, it’s a better forecast compared to the up to 4% decline previously projected.
The company has scheduled Disclosure of period resultswhich will culminate on June 30, at the end of July.
After the announcement, shares of the airline rose about 1%, however during the progress of the day download.
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Business agreement with pilots
This afternoon American Airlines CEO Robert Isom, You will participate in the Bernstein Strategic Decision Conference.
It is expected to be questioned about Initial business agreement with pilots and whether the airline will appeal a federal judge’s ruling earlier this month that canceled American Airlines’ affiliation with JetBlue Airways.
With information from CNBC