American Airlines reinstated its full-year profit forecast Thursday with a lowered range, according to The Wall Street Journal. The carrier projected adjusted earnings between a 20-cent loss and an 80-cent profit per share. This marks a retreat from January’s initial guidance of $1.70 to $2.70, which was revised in April after tariffs and slowing domestic travel disrupted financial forecasts. CEO Robert Isom cited economic uncertainty and weak domestic demand as ongoing pressure points. The airline expects a third-quarter loss of $0.10 to $0.60 per share, far below analyst expectations of a $0.03 profit. July is shaping up to be the weakest month, though CFO Devon May said trends are now improving. In the second quarter, American posted adjusted earnings of $0.95 a share, beating the $0.78 consensus, with revenue rising 0.5% to $14.4 billion. Domestic revenue declined 2% despite a 5% increase in capacity, while premium and international travel continued to remain strong. Shares fell 7.8% to $11.70.
