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0 0.00107469102632991 0.00161203653949477 0.00300913487372366 0.0118216012896292 0.012358946802794 0.012358946802794 0.012358946802794
Stock impact report

United Airlines Is So Unsure About the Economy It Offers Two Profit Scenarios [Yahoo! Finance Canada]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Most Read from Bloomberg The company plans to control costs and keep its planes full, dialing back flying plans as needed to keep profits coming in should President Donald Trump's trade war trigger an economic downturn. The carrier took the unusual step of issuing two profit forecasts, saying adjusted earnings will be $11.50 to $13.50 a share this year if the current environment remains stable, or as little as $7 a share if the US economy enters a recession. “That's a pretty good downside,” said Bloomberg Intelligence analyst George Ferguson, who added that he's never seen a company give a multi-scenario outlook before. “I expect airlines to bleed red in a recession.” “It is true that the environment has gotten a lot harder,” United Chief Executive Officer Scott Kirby said Wednesday on the company's earnings call, adding that the carrier has a “real shot” to achieve its rosier outlook. “No matter what the economic environment is, we are going to bust our asses to get there.” Show less Read more
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