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Benzinga
Benzinga
Business
Melanie Schaffer

American Airlines Raises Outlook, Falls On Fuel Cost Woes: Here's What To Watch

American Airlines Group, Inc (NASDAQ:AAL) was falling over 7% Friday after the company released its second-quarter outlook ahead of its earnings print expected July 21.

The airline said that while it expects to report an increase in revenue compared to its previously released guidance for the quarter, soaring fuel costs continue to impact the company’s bottom line.

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