American Airlines expects pre-tax margin to range between 10% and 12% in 3Q2014

American Airlines Group stated (08-Oct-2014) it expects pre-tax margin to range between 10% and 12% in 3Q2014, while 2014 total system capacity is expected to increase approximately 2.2% year-over-year due to more active and larger gauge aircraft replacing smaller gauge legacy aircraft. FY2014 mainline capacity is also expected to be increase approximately 2.4% year-over-year in 3Q2014, of which international capacity is expected to be up by 5% and domestic capacity by 1% year-over-year. For 3Q2014, American expects to pay between USD2.95 and USD3.00 per gallon of mainline jet fuel. [more - original PR]