American Airlines Group Reports May Traffic Results
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Imperial Capital Cuts Price Target on American Airlines (AAL); Still Expects Record 2Q15
June 10, 2015 7:30 AM EDTImperial Capital reiterates an Outperform rating on American Airlines (NASDAQ: AAL), and cut the price target to $73.00 (from $82.00), following updated guidance from management. Analyst Bob McAdoo still expects 2Q15 to be a record quarter in earnings and margins.
McAdoo commented, AAL remains our top pick in the sector: We are maintaining our Outperform rating, but reducing our... More
American Airlines (AAL) Load Factor Fell 1.2 Points in May; Sees Q2 PRASM Down 6% - 8%
June 9, 2015 8:03 AM EDTAmerican Airlines (NASDAQ: AAL) reported May 2015 and year-to-date traffic results.
American Airlines Group's total revenue passenger miles (RPMs) for the month were 19.3 billion, up 0.7 percent versus May 2014. Total capacity was 23.3 billion available seat miles (ASMs), up 2.1 percent versus May 2014. Total passenger load factor was 82.8 percent for the month of May, down 1.2 percentage points versus May 2014.
Based... More
