American Airlines CEO Says In Q2 Saw Impact Of Too Much Industry Supply In Domestic Market
July 25 (Reuters) -American Airlines Group Inc AAL.O:
AMERICAN AIRLINES CEO SAYS IN Q2 SAW IMPACT OF TOO MUCH INDUSTRY SUPPLY IN DOMESTIC MARKET, ESPECIALLY IN REGIONS WHERE CO HAS LARGER OPERATIONS
AMERICAN AIRLINES CEO SAYS WILL CONTINUE TO FEEL IMPACT OF PRIOR SALES & DISTRIBUTION STRATEGY ON REVENUE & EARNINGS THROUGH REMAINDER OF 2024
AMERICAN AIRLINES CFO SAYS NOW EXPECT TO TAKE DELIVERY OF 20 NEW MAINLINE AIRCRAFT THIS YEAR, DOWN SLIGHTLY FROM OUR PREVIOUS ESTIMATE OF 22 AIRCRAFT
AMERICAN AIRLINES CFO SAYS EXPECT TO PRODUCE LESS CAPACITY IN Q3 THAN WE DID IN THE SAME PERIOD OF 2019
AMERICAN AIRLINES CFO SAYS AHEAD OF PLAN AND EXPECT TO DELIVER APPROXIMATELY $400 MILLION IN COST SAVINGS IN 2024
AMERICAN AIRLINES CFO SAYS EXPECT TO PRODUCE AN ADJUSTED OPERATING MARGIN OF BETWEEN 2% AND 4% IN Q3 AND ABOUT BREAKEVEN ADJUSTED EPS
AMERICAN AIRLINES CFO SAYS NOW EXPECT TO DELIVER FY OPERATING MARGIN OF BETWEEN 3.5% AND 5.5%
AMERICAN AIRLINES CFO SAYS CONFIDENT WE CAN CLOSE RELATIVE MARGIN GAP WITH OUR PEERS AND ACHIEVE OUR LONG-TERM FINANCIAL TARGETS
Further company coverage: AAL.O
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