American Airlines (AAL) 2Q 2023 earnings


Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. 

JanValls | Nurphoto | Getty Images

American Airlines on Thursday raised its earnings outlook for 2023 after a strong start to the peak travel season, the latest airline to reap the rewards from the continued boom in demand.

Still, American said Thursday that it expects unit revenues to drop as much as 6.5% in the third quarter from a year earlier with capacity growth of up to 7% from the same period of 2022. For the third quarter, American expects to earn an adjusted 85 cents to 95 cents per share, in line with estimates.

The Fort Worth, Texas-based carrier…

Source cnbc.com

0 0 votes
Article Rating

United Airlines (UAL) Q2 2023 earnings

Previous article

Will another Fed rate hike help or hurt? How you may be affected

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Earnings