• Airline stocks plunge after American Airlines Lowers Outlook

    8 days ago - By ETF Daily News

    From Bill Peters : American Airlines dimmed its fourth-quarter unit revenue forecast due to a “lower than anticipated improvement” over a strong domestic showing last year, and the carrier slashed its 2018 profit outlook. American Airlines stock and other airline stocks fell hard in morning trading.
    The move makes American, with world's largest airline by traffic, the latest legacy carrier to temper its outlook for the period. Delta Air Lines a week ago cut its fourth-quarter unit revenue expectations for the second time within a month. The more pessimistic view from Delta at that time...
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  • American Airlines shares fall on dour fourth quarter expectations, weigh on sector

    8 days ago - By Reuters

    American Airlines shares fell as much as 11 percent on Thursday after the biggest U.S. carrier cut its estimate for a closely watched measure of performance, raising concerns that slowing global economic growth is hurting business travel.
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  • American Airlines shares tumble on more cautious 4Q outlook

    8 days ago - By Chron

    FORT WORTH, Texas - Airline stocks are falling as American Airlines says fourth-quarter revenue and full-year profit will be lighter than expected.
    American's stock fell 10.9 percent before partially recovering.
    American said Thursday that revenue for each seat flown one mile, a measure of pricing power, will rise about 1.5 percent over the previous fourth quarter. That's about 1 percentage point less than American had been forecasting.
    Added to recent comments by Delta, American's report raises concern among investors that airlines are discounting too many seats because of cheaper...
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  • American Airlines shares fall on dour fourth-quarter outlook, weighs on sector

    8 days ago - By Reuters

    American Airlines Group Inc shares fell as much as 11 percent on Thursday after the biggest U.S. carrier cut its estimate for a closely watched measure of performance, raising concerns that slowing global growth may be weakening travel demand.
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  • American Airlines Shares Plummeting After Cutting Guidance

    8 days ago - By Fortune

    American Airlines shares are tumbling in early trading on Thursday after the company announced lower-than-expected revenue and profit.
    In a filing on Thursday , American Airlines said that it now anticipates 2018 earnings per share of $4.40 to $4.60, down from its previous guidance of $4.50 to $5. Analyst consensus had pegged American Airlines' earnings at $4.62 per share, according to data obtained by Reuters from Refinitiv. American Airlines also said that its unit revenue, which centers on revenue per seat per mile traveled, was up just 1.5% in the fourth quarter, landing at the bottom...
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