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Shares of American Airlines Group Inc. rose 1% in premarket trading Tuesday, after the air carrier provided an update of its third-quarter financial outlook, which was mostly in line with previous estimates. The company said it expects third-quarter revenue to be down approximately 25% from the same period in pre-pandemic 2019, compared with the previous guidance range of down 25% to 28%. The FactSet revenue consensus of $8.78 billion implies a 26.3% decline. Capacity is now expected to fall about 19.4% to 61.1 billion available seat miles, compared with previous guidance of a 15% to 20% decline. The guidance for average fuel price per gallon fell to $2.08 from $2.10 to $2.15. The airline now expects a net loss per share, excluding net special credits of 96 cents to $1.04. The FactSet consensus for per-share losses is currently $1.22. American Airlines' stock has lost 3.4% over the past three months through Monday, while the U.S. Global Jets ETF has eased 0.4% and the S&P 500 has slipped 0.5%.