American Airlines Expects Revenue Momentum To Continue Into H2, Expects Q3 YoY Revenue Growth To Be Between 16% And 19%
Outlook and financial guidance Revenue momentum is expected to continue into the second half of the year, supported by strong demand for American's products. The company remains focused on expanding margins over time through continued revenue execution and the benefits of its multiyear efficiency initiatives. In the third quarter, the company expects year-over-year revenue growth to be between 16.0% and 19.0%. Based on the forward fuel curve as of July 21, American anticipates an average fuel price of approximately $3.75 per gallon for the third quarter and expects CASM-ex2 to increase 2.5% to 4.5% year over year. Given the recent increase in the cost of fuel, the company is now expecting full-year adjusted earnings (loss) per diluted share3 to be between ($0.65) and $0.65.
Outlook and financial guidance Revenue momentum is expected to continue into the second half of the year, supported by strong demand for American's products.
The company remains focused on expanding margins over time through continued revenue execution and the benefits of its multiyear efficiency initiatives.
In the third quarter, the company expects year-over-year revenue growth to be between 16.0% and 19.0%.
Based on the forward fuel curve as of July 21, American anticipates an average fuel price of approximately $3.75 per gallon for the third quarter and expects CASM-ex2 to increase 2.5% to 4.5% year over year.
Given the recent increase in the cost of fuel, the company is now expecting full-year adjusted earnings (loss) per diluted share3 to be between ($0.65) and $0.65.