American Airlines Partners With Citi, Issues Strong Profit Outlook

American Airlines Group, Inc. (NASDAQ:AAL) shares are trading higher on Thursday after reporting the fourth quarter and full-year outlook.

In an exchange filing, American Airlines said it expects fourth-quarter TRASM to be flat to up 1%, better than the previous forecast of a 1% to 3% decline.

CASM-Ex is projected to rise 5% to 6%, slightly higher than the prior guidance of 4% to 6%, due in part to a higher accrual for profit sharing driven by higher anticipated earnings in the quarter.

American Airlines expects fourth-quarter adjusted EPS ...

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