American Airlines Expects Domestic Gains, But Hedges On Outlook
1. American Airlines predicts current quarter loss of 10 to 60 cents per share. 2. Full-year earnings guidance significantly lowered; range now includes potential losses. 3. Despite a revenue rise, pre-tax margin remains below major competitors. 4. CEO optimistic about strong domestic travel demand moving forward. 5. Shares down 7% pre-market, expressing market negativity post-earnings report.