An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida.
American Airlines raised its adjusted earnings outlook for the second quarter thanks to strong travel demand and lower fuel prices.
Adjusted per-share earnings will come in between $1.45 and $1.65, American estimated Wednesday, up from a previous forecast of $1.20 to $1.40 per share.
American Airlines CEO Robert Isom is scheduled to speak at the Bernstein Strategic Decisions Conference at 4:30 p.m.
The airline is scheduled to report results for the second quarter at the end of July.
Persons:
it's, Robert Isom
Organizations:
American Airlines, Miami International Airport, Miami , Florida . American Airlines, American, JetBlue Airways
Locations:
Miami , Florida, Fort Worth , Texas