American Airlines narrowed its third-quarter revenue guidance and said the absence of Boeing 737 MAXs from its operation shaved $140 million off its 3Q pre-tax income and resulted in 9,475 flight cancellations. The Fort Worth-based carrier is forecasting TRASM, or total unit revenue, to be up 1.5%-2.5% year-over-year compared to the year-ago quarter, American revealed in an Oct. 9 investor update. Previous guidance had the range at 1%-3%. Non-fuel unit costs will be up 4%-6%, unchanged from ...

Subscribe to Access this Entire Article

"American pulls MAX through mid-January, narrows 3Q guidance" 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?

Already registered? here.