American Airlines sees Q3 revenue down 2% to up 1%

Sees Q3 capacity up 2%-3%. Says anticipates having positive free cash flow for the full year. Sees FY25 aircraft capital expenditures $2.5B-$3B. Sees FY25 total capital expenditures $3.5B-$4B. Sees domestic capacity down 1% in September. Says July will be one of the weakest RASM performing months. Says worst is behind the company. Says year-over-year revenue will improve each month this quarter. Says will experience tailwinds in the second half. Comments and guidance taken from Q2 earnings conference call.