American Airlines Group Inc. Announces Traffic Results for the Month of December 2016; Provides Traffic Results Guidance for the Fourth Quarter of 2016
For the fourth quarter of 2016, the company continues to expect total revenue per available seat mile (TRASM) to be flat to up 2% year-over-year. In addition, the company expects its fourth quarter pre-tax margin excluding special items to be between 7% and 9%. TRASM has improved from prior guidance of between down 1% and up 1% and pre-tax margin has improved from prior guidance of 6% to 8% due primarily to improving yields.