
American Airlines (AAL) has raised its fourth-quarter guidance, now expecting adjusted earnings per share (EPS) to be between $0.55 and $0.75, up from the previous range of $0.25 to $0.50. This new guidance also exceeds the consensus estimate of $0.39. Additionally, the airline forecasts total revenue per available seat mile (TRASM) to be flat to a 1% increase year-over-year, while cost per available seat mile excluding fuel (CASM-Ex) is projected to rise by 5% to 6%. The positive outlook comes as American Airlines joins other U.S. carriers in predicting stronger performance for the holiday travel season. In related news, Southwest Airlines (LUV) has also raised its revenue guidance, reflecting strong travel demand, with its stock rising by 4.7%. Delta Air Lines and United Airlines also saw their shares increase by 2.5% and 3%, respectively, indicating a broader positive trend in the airline industry as it prepares for record holiday travel.
United, Delta’s shares are soaring. How record holiday travel is lifting airline stocks to new heights. https://t.co/URLKWHucTK
Southwest, American give jollier forecasts heading into crucial holiday season https://t.co/VfltNSQ1Ie
Capital Southwest Corporation shares rise 1.09% premarket following Southwest Airlines' revenue guidance increase. $CSWC $LUV



