Stock Market News

American Airlines raises second-quarter revenue forecast

2022.06.03 14:52

American Airlines raises second-quarter revenue forecast
FILE PHOTO: An American Airlines Boeing 737 jet sits at a gate at Washington’s Reagan National airport with the U.S. Capitol building in the background as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the

(Reuters) – American Airlines (NASDAQ:AAL) Group Inc lifted its revenue forecast for the second quarter on Friday, citing robust demand and a strong pricing environment.

The airline said it now expects revenue for the period to rise between 11% and 13% over pre-pandemic levels, compared with its prior view of a 6% to 8% increase.

Source

Related Articles

Leave a Reply

Back to top button