American said it expects unit revenues to fall as much as 6% in the second quarter from a year earlier.
American Airlines slashed its sales outlook on Tuesday and said its chief commercial officer, Vasu Raja will leave the company next month.
American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024.slashed its sales outlook on Tuesday and said its chief commercial officer, Vasu Raja will leave the company next month. American said it expects unit revenues to fall as much as 6% in the second quarter from a year earlier, down from a previous forecast for a decline of no more than 3%. The carrier also trimmed its adjusted earnings estimate for the period to a projected range of $1 to $1.15 a share, down from a prior range of $1.15 to $1.45 a share.in recent months in financial performance. United Airlines later on Tuesday reiterated its expectation to earn an adjusted $3.75 to $4.25 in the second quarter.
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