American Airlines Group reports on March traffic


American Airlines Group (AAL) estimates Q1 operating margin was between 5% and 7% higher, down from its prior forecast for a 6% to 8% gain.

The company expects passenger revenue per available seat mile to show a 2.5% to 3.5% improvement for the quarter.

Weather smacked Q1 revenue by close to $115M and lowered operating profit by approximately $60M.

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