1243 ET - American Airlines is taking a conservative approach to its guidance for the remainder of the year despite indications of improving U.S. travel demand, Melius Research analysts Conor Cunningham and Patrick Coleman say in a research note. Investors don't seem happy with the outlook, with shares now down 8.3% at $11.63. Delta Air Lines and United Airlines have both called out a sequential uptick in July bookings from June as the economic backdrop becomes less uncertain, the analysts say. American is reporting a similar rate of change, but taking a more cautious view of how it will unfold in the back half of 2025, they say. The carrier was disproportionately hurt by the slowdown in demand earlier this year given its outsized exposure to domestic travel, the analysts say. (dean.seal@wsj.com)

(END) Dow Jones Newswires

July 24, 2025 12:43 ET (16:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.