UAL - What's Going On With American United Airlines & Delta Air Lines Shares Today? | Benzinga
American Airlines Group, Inc. (NASDAQ:AAL) shares were trading lower in the premarket session on Wednesday after ending yesterday’s run on the bourses with almost a 3% dip. Shares slumped over 6% after hours.
Yesterday, the airline lowered its adjusted earnings per share forecast from $1.15 to $1.45 to a new range of $1.00 to $1.15, according to an exchange filing. Second-quarter average fuel price is now expected to be approximately $2.70 to $2.80 per gallon of jet fuel.
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The company also lowered its guidance for adjusted operating margin by 1% to a new range of approximately 8.5% to 10.5%.
In sympathy, rival United Airlines Holdings, Inc. (NASDAQ:UAL) and Delta Air Lines, Inc. (NYSE:DAL) shares ...