American Airlines stock tumbles after cutting Q2 guidance

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American Airlines News

AAL,Pras Subramanian

Shares of American Airlines (AAL) are sinking after the company cut its second quarter sales outlook. Yahoo Finance's Pras Subramanian reports more on the...

They are sinking this morning after cutting its sales outlook for the second quarter.Yeah, you know the getting hit there and that revised ALEC also seeing adjusted EPS for Q two in the one to dollar 15 range that was down for a dollar 45 so big cut for the current quarter.

When you take a look at some of the other larger domestic players, we had, we had uh players like Ryanair talk about uh uh consumers a bit more cautious but Delta United, they're not warning about revenue.I mean, I know Brad, you're pretty close to Delta, you've heard the same as well.

But at least for this period, it seems like united even as they had presented or at least given some of the updates going into the busy spring break and then summer travel season, they were seeing demand hold steady right now too.But right now the American airline taking it on the chin and a lot of the other major airlines down here as well in extended hours, we'll see where things open up.

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