American Airlines cuts outlook, says chief commercial officer will depart
AAG(AAL) cnbc.com·2024-05-28 20:58
American Airlines passenger jets are lined up at the gates at Ronald Reagan Washington National Airport in Arlington, Virginia, on Feb. 10, 2024.American Airlines slashed its sales outlook on Tuesday and said its chief commercial officer, Vasu Raja will leave the company next month.American said it expects unit revenues to fall as much as 6% in the second quarter from a year earlier, down from a previous forecast for a decline of no more than 3%. The carrier also trimmed its adjusted earnings estimate for t ...