28-Jan-2015 12:18 PM
American Airlines Group expects pretax margin of 13% to 15% in 1Q2015
American Airlines Group stated (27-Jan-2015) it expects 1Q2015 pre-tax margin to be approximately 13% to 15%. 2015 total system capacity is expected to increase approximately 2% to 3% year-over-year, primarily due to larger average gauge aircraft and higher assumed completion factor. FY2015 domestic capacity is expected to increase approximately 3% year-over-year, while international capacity is expected to be up approximately 1.5 % year-over-year. For 1Q2015, the carrier expects to pay an average of between USD1.71 and USD1.76 per gallon of mainline jet fuel. [more - original PR - I] [more - original PR - II]