(Reuters) - American Airlines Group raised its growth forecast on Wednesday for an important revenue measure for the second quarter, which is typically a strong period for carriers.
Unit revenue, also known as passenger revenue per available seat mile, is expected to grow between 5.5 percent and 6.5 percent in the second quarter from a year earlier, American said in a statement. That's up from its forecast in April of 4 percent to 6 percent growth in the three months through June.
Recent profit warnings from European airlines have raised concern about demand trends and pummeled share prices.
Last week, Delta Air Lines
(Reporting by Karen Jacobs in Atlanta; Editing by Bernadette Baum)
