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American Airlines expects wider annual losses due to surging fuel costs

CNBC +4 ·

AAL
AAL American Airlines Group Inc
$12.23 +1.03%
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  1. 1American Airlines expects its annual adjusted loss per share to increase from $1 to $1.60.
  2. 2American Airlines' fuel costs reached $4.64 billion, marking a 67.5% increase in the third quarter compared to the same period last year.
  3. 3American Airlines plans to slow supply growth next year.

So what's the key point?

American Airlines expects its annual adjusted loss per share to go from $1 to $1.60.

Source CNBC +4 · View original ↗

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