American Airlines updates Q4 guidance

|About: American Airlines Group (AAL)|By:, SA News Editor

American Airlines Group (NASDAQ:AAL) reports revenue passenger miles fell 0.2% in November to 16.8223B. Domestic RPMs fell 1.8% Y/Y.

Capacity was up 0.1% Y/Y to 20.7863B available seat miles. Domestic ASMs decreased 0.6%.

November load factor -30 bps to 80.9%.

YTD load factor -130 bps to 81.8%.

American expects Q4 unit revenue to fall in a range of -1% to +1%. Pre-tax margin of 6% to 8% is seen.

AAL +1.87% premarket to $48.95.