AA issues diminished Q3 share forecast

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By TESTCustomwebLP TESTCustomwebLP September 10, 2014 14:20

AA issues diminished Q3 share forecast

American Airlines has diminished its Q3 share price guidance, softening an earlier 10.5%-12.5% pretax margin guide to 10-12%. AA attributes the reduced forecast to RASM, as evidenced by American softening an earlier 1-3% RASM guide to 0-2%.

AA is expected to provide a final and more detailed quarterly guide in approximately four weeks.

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By TESTCustomwebLP TESTCustomwebLP September 10, 2014 14:20