American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
The carrier said Thursday it expects to earn between $2.25 and $2.50 a share, on an adjusted basis, for the year, down from an estimate in July.Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.posted a third-quarter loss on Thursday and trimmed its profit forecast for the year, partly in response to higher fuel prices.
compared with what Wall Street anticipated, based on an average of analysts' estimates compiled by LSEG, formerly known as Refinitiv:$13.48 billion vs. expected $ 13.52 billion American said it expects unit revenue in the fourth quarter to drop between 5.5% and 7.5% from a year earlier with unit costs, excluding fuel, up 5% to 7% year over year and capacity up 4.5% to 6.5% from the same period of 2022.
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