American Airlines On Thursday, his 2025 financial guidance was withdrawn, joining other carriers, who are struggling with an uncertain attitude to the US economy and this year with an uncertain attitude for weak-positive holiday travel booking.
CEO Robert Isom told CNBC “CEO Robert Isom,” We came in a strong fourth quarter, saw decent business in January and actually domestic holiday journey fell quite a lot because we went to the time limit of February. ,Squalk box“On Thursday.
American said that in the first quarter, the increase in unit revenue was inspired by 0.7% increase in strength International booking And premium cabin, echo like other airlines Delta And UnitedWhich states that more value-sensitive holiday customers are returning on trips.
The airline forecast the revenue of the second quarter below 2% below the previous year, below 2.2% Wall Street Analysts expected, its capacity is expected to increase by 4% in the current quarter. The American said that the possibility of income per share would come between 50 cents and $ 1, while analysts expected 99 cents per share.
It said that the capacity will increase between 2% and 4% in the second quarter compared to last year.
Here is reported how American performed in the first quarter compared to Wall Street Estimates compiled by LSEG:
- Per share loss: 59 cents adjusted vs. a expected loss of 65 cents
- Income: $ 12.55 billion vs $ 12.6 billion is expected
The American posted a loss of $ 473 million for the first quarter, compared to a loss of $ 312 million posted a year ago, with a revenue of $ 12.55 billion, which was almost unchanged since last year. Adjustment to one -time items, the American reported 59 cents one share.
The capacity was 0.8%below.
The American said that after a failed business strategy, its efforts to rebuild their corporate travel business are progressing, but “the demand for economic uncertainty and the traded accident of the US eagle flight 5342 were pressurized,” was offered with economic uncertainty, ” January accident When an army helicopter collided with an American regional jet that was landing at Washington DC, all 67 people were killed on both aircraft.
