American Airlines cuts its full-year earnings forecast, reports better than expected Q1 revenue

eldiariodechihuahua.mx

Factuality

Ownership

New York.- American Airlines exceeded Wall Street's expectations in terms of its quarterly earnings, recording an adjusted loss of 40 cents per share for the three months until March. Credit: AP American Airlines reduced its profit forecast for the entire year, indicating that it could close 2026 with losses, as the airline will absorb $4 billion in additional fuel costs resulting from the war in Iran. The new forecast ranges from a loss of 40 c…