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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
