April 11, 2017 / 12:31 PM / in 4 months

American Airlines raises forecast for key revenue metric

1 Min Read

April 11 (Reuters) - American Airlines Group Inc on Tuesday raised its quarterly forecast for a key revenue metric, citing higher average fares.

The No. 1 U.S. airline said it now expects total unit revenue, which measures sales with flight capacity, to be up about 2-4 percent, compared with the 1.5-3.5 percent it previously forecast. (Reporting by Rachit Vats in Bengaluru; Editing by Sriraj Kalluvila)

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