Sees Q4 capacity up 3%-5%. Sees Q4 CASM up 2.5%-4.5%. Sees FY25 capital expenditures $3.8B, which includes delivery of 51 aircraft. Sees FY25 free cash flow over $1B. Sees FY26 capital expenditures $4B-$4.5B. Says exiting this year, expects to have fully recovered the revenue share that was lost by prior sales and distribution strategy. Says while this quarter presented challenging operating conditions, the American team quickly recovered, minimized disruptions and maintained a resilient operation. Says while premium continued to outperform main cabin, seen improvement in the main cabin since its low point in July. Says Atlantic was the most profitable region during the quarter and the company expects Atlantic unit revenue to be solidly positive in Q4. Comments and guidance taken from Q3 earnings conference call.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- Morning Movers: Tesla, IBM slipping following quarterly reports
- Earnings AAL: American Airlines Stock (AAL) Avoids Cloudy Skies With Record Q3 Revenues
- American Airlines appoints Nathaniel Pieper as CCO
- Oil Prices Surge as New Russia Sanctions Roil Energy Markets
- Earnings AAL: American Airlines Stock Soars as Big Spending Flyers Boost Record Q3 Revenues
