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American Airlines Group Inc on Wednesday raised its second-quarter forecast for unit revenue, a closely watched performance measure for carriers, as the grounding of Boeing Co's 737 MAX jets reduced its overall fleet size.

The No.1 US airline said it now expects unit revenue, which compares sales to flight capacity, to increase between 3pc and 4pc percent in the quarter ended June, compared with its earlier forecast of a rise between 1pc and 3pc.

Copyright Reuters, 2019

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