08:37 AM EST, 12/05/2024 (MT Newswires) -- American Airlines Group ( AAL ) updated its Q4 adjusted earnings guidance Thursday to a range of $0.55 to $0.75 per diluted share, up from the previous forecast of $0.25 to $0.50.

Analysts polled by FactSet expect $0.39.

The airline also updated its Q4 year-over-year total revenue per seat mile growth guidance to a range of flat to up 1% from down 1% to 3% and its Q4 year-over-year cost per available seat mile excluding fuel and net special items growth guidance to up 5% to 6% from up 4% to 6%.

"The pricing and revenue environment has continued to improve since the Company's prior fourth-quarter guidance issued on October 24, 2024," American Airlines ( AAL ) said in a regulatory filing.

In addition, American Airlines ( AAL ) and Citigroup's ( C ) Citibank have entered into an agreement relating to American's co-branded credit card program. Under the new agreement, scheduled to begin in January 2026, Citi will be the exclusive issuer of the AAdvantage co-branded credit card portfolio in the US, the companies said in a joint press release.