Skip to main content

Market Overview

American Airlines Shares Trading Higher On Strong June Traffic


Shares of American Airlines (NASDAQ: AAL) are trending sharply higher Wednesday after the company announced strong June traffic figures.

Total revenue passenger miles were up one percent year-over-year to 19.9 billion. Similarly, total capacity rose 3.2 percent to 23.4 billion available seat miles.

For the second quarter as a whole, American Airlines said it expects consolidated passenger revenue per available seat mile to jump 5.5 to 6.5 percent year-over-year. Pre-tax margin is expected to fall between 12 and 13 percent.

Shares of American Airlines are up 5.5 percent Wednesday morning to $42.52.


Related Articles (AAL)

View Comments and Join the Discussion!

Posted-In: News Guidance

Need corporate guidance data?
Click here to see licensing options.
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at