Scalper1 News
American Airlines’ (AAL) stock felt the wind beneath its wings Friday after the company said September traffic was up 7.2% and narrowed its pretax margin guidance to the upper end of its range. The airline now expects its Q3 pretax margin, minus items, to be 17%-18%, up from last month’s issued guidance for 16%-18%. American shares surged nearly 7% Friday, but they remain deep in a correction. Capacity rose 3.7%, and passenger load factor improved Scalper1 News
Scalper1 News