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AMERICAN AIRLINES - preliminary forecast has capacity increasing 2.5 percent next year

“That’s a high growth rate in the context of what other airlines have said, and it’s looking more likely that domestic capacity will grow about 5 percent in 2018, which is rough,” Wolfe Research analyst Hunter Keay said in a research note. “Investors obviously assume it bodes poorly for industry pricing.” 


Bloomberg says: American Airlines Group Inc. fell the most in two months after the carrier said it would more than double the growth rate of seat supply next year, stoking concerns that a glut would drive down fares across the industry.

American Airlines Sees More Pricing Power This Quarter

CNN Money says: The 19 analysts offering 12-month price forecasts for American Airlines have a median target of 56.00, with a high estimate of 90.00 and a low estimate of 42.00. The median estimate represents a +22.35%increase from the last price of 45.77.  The current consensus among 20 polled investment analysts is to hold stock in American Airlines. This rating has held steady since October, when it was unchanged from a hold rating. 

Q3 2017 American Airlines Group Inc Earnings Conference Call