Post Irma, American Airlines Revises 3Q Revenue Guidance

American Airlines has revised its third-quarter revenue guidance downward 1.5 percentage points in the wake of Hurricane Irma.

American said Sept. 12 that at the end of August, it has estimated its third-quarter unit revenue was in line with prior guidance of up 0.5% to 2.5%.

“However, Hurricane Irma caused closures at 40 airports in Florida and the Caribbean, including the company’s hub at Miami International Airport, and resulted in more than 5,000 flight …

LEAVE A REPLY

Please enter your comment!
Please enter your name here

eight + 5 =