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American Airlines cuts outlook, says chief commercial officer is leaving - TL;DR CNBC

American Airlines cuts outlook, says chief commercial officer is leaving

Publishing timestamp: 2024-05-28 17:57:48


Summary

American Airlines slashed its sales outlook, expects unit revenues to fall up to 6% in the second quarter. The company also let go of its chief commercial officer. United Airlines reiterated its earnings expectations. American Airlines CEO plans to modify ticket distribution strategy.


Sentiment: NEGATIVE

Tickers: UALDALAAL

Keywords: united airlines holdings incearningstransportationtravelbreaking news: businessbusinessbreaking news: marketsmarketsdelta air lines incairlinesaerospace and defense industrylifebusiness newsamerican airlines group inc

Source: https://www.cnbc.com/2024/05/28/american-airlines-outlook-chief-commercial-officer.html


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