American Airlines forecasts 2024 profit largely above estimates

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January 25, 2024 7:14 AM EST

FILE PHOTO: An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake/File Photo

(Reuters) - American Airlines Group forecast 2024 profit largely above Wall Street expectations on Thursday as the carrier benefits from strong demand for international travel.

The company expects full-year adjusted earnings per share to be between $2.25 and $3.25, compared with analysts' estimate of $2.25 per share, according to LSEG data.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Shounak Dasgupta)


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