Edition:
India

American Airlines Expects Q3 Trasm To Be Up About 1.5% To 2.5%


Wednesday, 9 Oct 2019 

Oct 9 (Reuters) - American Airlines Group Inc ::AMERICAN AIRLINES GROUP INC - EXPECTS Q3 TRASM TO BE UP APPROXIMATELY 1.5 TO 2.5 PERCENT YEAR-OVER-YEAR.AMERICAN AIRLINES GROUP INC - ESTIMATES CANCELLATIONS OF 737 MAX FLIGHTS IN Q3 NEGATIVELY IMPACTED PRE-TAX INCOME BY APPROXIMATELY $140 MILLION.AMERICAN AIRLINES - EXPECTS TOTAL PRE-TAX NET SPECIAL ITEMS IN THE Q3 WILL BE APPROXIMATELY $280 MILLION, OF WHICH ABOUT $230 MILLION IS NON-CASH.AMERICAN AIRLINES - AS A RESULT OF EXTENSION OF MAX GROUNDING, CO NOW EXPECTS TO FLY ABOUT 70.1 BILLION AVAILABLE SEAT MILES (ASMS) IN IN Q4.AMERICAN AIRLINES - EXPECTS Q3 PRE-TAX MARGIN EXCLUDING SPECIAL ITEMS TO BE APPROXIMATELY 6.5 TO 7.5 PERCENT.AMERICAN AIRLINES - CONTINUES TO EXPECT Q3 TOTAL CASM EXCLUDING FUEL & SPECIAL ITEMS TO BE UP ABOUT 4.0 TO 6.0 PERCENT YEAR-OVER-YEAR.AMERICAN AIRLINES - WILL PROVIDE UPDATE TO FY IMPACT OF MAX GROUNDING ON Q3 EARNINGS CALL.AMERICAN AIRLINES GROUP INC - GROSS AIRCRAFT CAPEX, NET PDPS FOR Q3 ARE LOWER THAN PREVIOUS GUIDANCE.AMERICAN AIRLINES GROUP - Q3 GROSS AIRCRAFT CAPEX, NET PDPS FORECASTS LOWER DUE TO DELIVERY DATES OF CERTAIN AIRBUS AIRCRAFT MOVING FROM Q3 TO Q4. 

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15 Nov 2019