Airlines higher after UAL, AAL reports

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

Reporting March operational results last night, United Airlines (NYSE:UAL) said Q1 revenue should come in at the high end of guidance, and capacity at the low end.

Reporting this morning, American Airlines (NASDAQ:AAL) sees Q1 TRASM up 3-4% vs. 2-4% previous guidance, and CASM up 3% vs. 2.5% previous guidance. Pretax margin is now guided to 4-5% vs. 2-4% previously. Full-year EPS continue to be guided to $5.50-$6.50.

Premarket: UAL +2.15%, AAL +1.4%, Southwest (NYSE:LUV+1.5%, Delta (NYSE:DAL+2.5%, JetBlue (NASDAQ:JBLU+1.3%, Hawaiian Holdings (NASDAQ:HA+1.8%, Spirit (NASDAQ:SAVE+2%.

Subscribe for full text news in your inbox