American Airlines Group Inc. (NASDAQ: AAL) shares climbed 4% in intra-day trading on Thursday after the carrier reported a smaller third-quarter loss than analysts anticipated and issued upbeat guidance for the remainder of the year.

The airline posted an adjusted loss of $0.17 per share for the third quarter, narrower than the consensus forecast for a $0.28 per-share loss. Revenue reached a record $13.7 billion, slightly above estimates of $13.63 billion.

For the fourth quarter, American Airlines projected adjusted earnings per share of $0.45 to $0.75, above the analyst consensus of $0.42. For the full year, the company guided adjusted earnings in the range of $0.65 to $0.95 per share.

The airline said growth in premium unit revenue continued to outpace main cabin performance, while engagement in its AAdvantage loyalty program remained strong, with active accounts up 7% year-over-year. Co-branded credit card spending increased 9% over the same period, underscoring the continued strength of its loyalty ecosystem.