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American Airlines stock gains after revenue, capacity update is in line with previous guidance

American Airlines stock gains after revenue, capacity update is in line with previous guidance

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Shares of American Airlines Group Inc. AAL, +0.30% rose 0.4% in premarket trading Tuesday, after the air carrier provided an update of its third-quarter financial outlook, which was mostly in line with previous estimates. The company said it expects third-quarter revenue to be down approximately 25% from the same period in pre-pandemic 2019, compared with the previous guidance range of down 25% to 28%.

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