American Airlines Tops Q3 Forecasts
For Q4 2024, American Airlines projected adjusted EPS between $0.25 and $0.50. It raised its full-year forecast to $1.35 to $1.60 per share, up significantly from prior guidance of $0.70 to $1.30. Management also expects to reduce total debt by $15 billion by 2025, leveraging network enhancements and collaborations to solidify market presence.