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Airlines company $AAL said, in April 2016, total revenue passenger miles were 18Bil, down 0.2% versus April 2015. Total capacity was 22.4Bil available seat miles, up 1.3%. Total passenger load factor was 80.4%, down 1.2%. $AAL expects 2Q16 consolidated PRASM to be down approx. 6-8% YoverY and pretax margin excluding special items to be 14-16%.
$AAL is getting stronger into Dec. after a strong Nov..!! I’m feeling confident about their 4Q revenue forecast for a margin rise.
$KO’s CEO Muhtar Kent to step down next year. COO James Quincey will take the helm in what is already a smooth sailing scenario. And as always, shares reflect by growing 2% after the market opened.