American Airlines Group sees continued strength in demand for both business and leisure travel

American Airlines Group stated (26-Apr-2018) TRASM in 2Q2018 is expected to increase approximately 1.5% to 3.5% year-on-year, which reflects expected continued strength in demand for both business and leisure travel. The carrier expects 2Q2018 pretax margin to range from 7.5% to 9.5%. Diluted earnings per share for 2018 (excluding net special items) is now expected to be between USD5.00 and USD6.00 due to higher fuel prices. [more - original PR]