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American Air Climbs on Improved Forecast for Key Revenue Measure

American Airlines Group Inc. advanced after the carrier said a key financial measure would fall by less than expected, boosted by higher fares.

Revenue from each seat flown a mile will slide 3 percent to 5 percent this quarter from a year earlier, the airline said in a statement Tuesday. The previous forecast was for a decline of 3.5 percent to 5.5 percent.