American Airlines expects third-quarter consolidated unit revenue to fall 14.3%-15.3% year-over-year, it said in a US Securities and Exchange filing Friday. Mainline RASM is forecast to fall 14.5%-15.5%, it said, and parent AMR Corp. expects to end the period with a cash and short-term investment balance of at least $3.7 billion, including some $460 million in restricted cash and short-term investments. Last week the company said it had obtained $2.9 billion in new liquidity and aircraft ...

Subscribe to Access this Entire Article

"American says third-quarter RASM to fall around 15%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.