secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN AIRLINES, INC. (—)
CIK:        0000004515
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001193125-24-148138
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

American Airlines CCO Vasu Raja to depart; Q2 guidance cut on softer TRASM
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- Vasu Raja, Chief Commercial Officer, will depart in June 2024; Stephen Johnson leads commercial team and CCO search.
- Q2 adjusted operating margin guidance cut 1 point to 8.5%-10.5% from 9.5%-11.5%.
- Q2 adjusted EPS guidance reduced to $1.00-$1.15 from prior $1.15-$1.45.
- TRASM expected down 5-6% YoY (worse than prior down 1-3%); CASM-ex flat to +1% (improved from +1-3%).
- Average fuel price guidance narrowed to $2.70-$2.80/gal (prev $2.75-$2.95).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4515/000119312524148138/0001193125-24-148138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4515/000119312524148138/d800477d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-148138

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