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American Air Sees Higher Revenue, Expenses in Second Quarter

  • Carrier is latest to raise sales guidance as demand rebounds
  • Unit costs excluding fuel to rise as much as 11% in period
American Airlines planes at Dallas/Fort Worth International Airport near Dallas, Texas.

American Airlines planes at Dallas/Fort Worth International Airport near Dallas, Texas.

Photographer: Patrick T. Fallon/Bloomberg
Updated on

American Airlines Group Inc. expects revenue to balloon well above its original expectations this quarter as consumers swarm back to travel following the pandemic, helping the carrier absorb the impact of higher jet-fuel prices and other expenses.

Total revenue will jump by as much as 13% over the same period of 2019, the Fort Worth, Texas-based airline said in a regulatory filing Friday ahead of an industry conference. That compares with the carrier’s original outlook for an increase of 6% to 8%.