American Airways cuts second-quarter revenue forecast By Reuters
(Reuters) – American Airways (NASDAQ:) on Tuesday minimize its second-quarter revenue forecast, sending the shares of the provider down about 4% in aftermarket buying and selling.
The corporate now expects second-quarter adjusted earnings per diluted share to be between $1.00 and $1.15, down from its earlier expectations of between $1.15 and $1.45 per share.
It now expects complete income per out there seat mile to be down about 5% to six% from a yr in the past and in comparison with a previous forecast of 1% to three% decrease.
