Investors were handed more reasons to be bearish on airline stocks Wednesday as American Airlines and Spirit Airlines both lowered guidance price sales ratio meaning for the current quarter. American Airlines is the world’s largest airline by aircraft, capacity, and scheduled revenue passenger miles.

• American Airlines is the world’s largest airline by aircraft, capacity, and scheduled revenue passenger miles.
• American Airlines is the world’s largest airline by aircraft, capacity, and scheduled revenue passenger miles.
• Investors were handed more reasons to be bearish on airline stocks Wednesday as American Airlines and Spirit Airlines both lowered guidance for the current quarter.
• Investors were handed more reasons to be bearish on airline stocks Wednesday as American Airlines and Spirit Airlines both lowered guidance for the current quarter.