Stock Market News

American Airlines raises Q4 adjusted earnings forecast

12/05/2024

Less than a minute

2024.12.05 08:11

© Reuters. FILE PHOTO: An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake/File Photo

(Reuters) – American Airlines (NASDAQ:) lifted it fourth-quarter adjusted earnings forecast on Thursday, banking on resilient travel demand and an overall improvement in pricing power.

The carrier expects its adjusted earnings per share in the quarter to be between $0.55 and $0.75, compared with its prior range of between $0.25 and $0.50.

12/05/2024

Less than a minute

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