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Thread: American Airlines cuts 2Q revenue forecast on “lower domestic yields”
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Old Jul 11, 2018, 8:50 am
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Adelphos
 
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American Airlines cuts 2Q revenue forecast on “lower domestic yields”
https://www.sec.gov/Archives/edgar/d...ex991q2-18.htm

“Revenue - The company now expects its second quarter total revenue per available seat mile (TRASM) to be up approximately 1.0 to 3.0 percent year-over-year, versus its previous guidance of up approximately 1.5 to 3.5 percent. This change from previous guidance is due to lower than anticipated domestic yields.”

Wonder if this is AA specific or industrywide
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