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Non-Tech : American Airlines Group, Inc.
AAL 27.99-1.1%Sep 20 12:00 AM EDT

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To: Sam who wrote (846)7/10/2019 8:24:21 AM
From: Sam   of 854
 
BRIEF-American Airlines Says Fleet Currently Includes 24 Boeing 737 Max 8 Aircraft With Additional 76 Aircraft On Order
REUTERS 8:22 AM ET 7/10/2019

Symbol Last Price Change
32.36 0 (0%)
353.09 0 (0%)
QUOTES AS OF 04:00:00 PM ET 07/09/2019


July 10 (Reuters) - American Airlines Group Inc(AAL):

* AMERICAN AIRLINES(AAL) - FLEET CURRENTLY INCLUDES 24 BOEING(BA) 737 MAX 8 AIRCRAFT WITH ADDITIONAL 76 AIRCRAFT ON ORDER

* AMERICAN AIRLINES(AAL) - THE COMPANY HAS CANCELLED ALL 737 MAX FLYING THROUGH SEPTEMBER 3, 2019

* AMERICAN AIRLINES GROUP INC(AAL) - ESTIMATES THAT CANCELLATIONS IN Q2 NEGATIVELY IMPACTED PRE-TAX INCOME BY APPROXIMATELY $185 MILLION

* AMERICAN AIRLINES(AAL) - NOW EXPECTS ITS Q2 TOTAL REVENUE PER AVAILABLE SEAT MILE (TRASM) TO BE UP APPROXIMATELY 3.0 TO 4.0 PERCENT YEAR-OVER-YEAR

* AMERICAN AIRLINES GROUP INC(AAL) - COMPANY EXPECTS ITS TOTAL PRE-TAX NET SPECIAL ITEMS IN Q2 WILL BE APPROXIMATELY $190 MILLION

* AMERICAN AIRLINES(AAL) - NOW EXPECTS ITS Q2 TOTAL CASM EXCLUDING FUEL AND SPECIAL ITEMS TO BE UP APPROXIMATELY 4.5 TO 5.5 PERCENT

* AMERICAN AIRLINES(AAL) - EXPECTS Q2 PRE-TAX MARGIN EXCLUDING SPECIAL ITEMS TO BE ABOUT 8.5 TO 9.5% VERSUS. PREVIOUS GUIDANCE OF ABOUT 7.0 TO 9.0 PERCENT.

* AMERICAN AIRLINES(AAL) - ASMS FOR Q2 WERE ABOUT 72.3 BILLION, 1.1 BILLION LOWER THAN PREVIOUS GUIDANCE DUE TO THE FLIGHT CANCELLATIONS OUTLINED ABOVE

* AMERICAN AIRLINES(AAL) - EXPECTS ITS AVERAGE FUEL PRICE (INCLUDING TAXES) TO BE BETWEEN $2.12 AND $2.17PER GALLON IN Q2

* AMERICAN AIRLINES(AAL) - SEES Q2 NET AIRCRAFT CAPEX & PDPS OUTFLOWS OF $250 MILLION

* AMERICAN AIRLINES(AAL) - SLOWDOWN FROM LITIGATIONS AGAINST UNIONS HAS SIGNIFICANTLY IMPACTED OPERATION, CAUSED NUMBER OF FLIGHT CANCELLATIONS, DELAYS IN Q2

* AMERICAN AIRLINES(AAL) - COMPANY CANCELLED APPROXIMATELY 7,800 FLIGHTS IN Q2

* AMERICAN AIRLINES(AAL) - HIGHER Q2 NET AIRCRAFT CAPEX & PDPS GUIDANCE DUE TO DELAY IN DELIVERY OF SOME BOEING 737 MAX AIRCRAFT, OTHERS Source text: [https://bit.ly/2G3QBU4] Further company coverage:
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