WS News
11 Mar 2025, 17:03
American Airlines updated its financial and operational outlook at the 2025 J.P. Morgan Industrials Conference. The company revised its first-quarter 2025 guidance, citing weaker-than-expected revenue due to the impact of Flight 5342 and softness in the domestic leisure segment, particularly in March. First-quarter total revenue is now expected to be flat compared to the first quarter of 2024, a downgrade from the previous expectation of a 3% to 5% increase.
The airline also adjusted its expected first-quarter adjusted loss per diluted share to a range of ($0.60) to ($0.80), compared to the prior forecast of ($0.20) to ($0.40). Available seat miles and cost per available seat mile (excluding fuel and special items) remain unchanged from previous guidance.
The company noted that these adjustments reflect a challenging revenue environment but continues to monitor and adapt to market conditions. It also emphasized that these forecasts include certain non-GAAP measures, excluding net special items. American Airlines reiterated that forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projections.
The airline also adjusted its expected first-quarter adjusted loss per diluted share to a range of ($0.60) to ($0.80), compared to the prior forecast of ($0.20) to ($0.40). Available seat miles and cost per available seat mile (excluding fuel and special items) remain unchanged from previous guidance.
The company noted that these adjustments reflect a challenging revenue environment but continues to monitor and adapt to market conditions. It also emphasized that these forecasts include certain non-GAAP measures, excluding net special items. American Airlines reiterated that forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projections.
