American Airlines Forecasts Another Quarterly Loss on Higher Fuel Costs
American Airlines said it is on course for an adjusted loss in the current quarter, while projecting fourth-quarter revenue growth of 20% to 23%.
By Connor HartAmerican Airlines said it is on course for an adjusted loss in the current quarter, as surging fuel prices continue to offset continued revenue strength.The carrier said Thursday that revenue is projected to climb 20% to 23% in the fourth quarter, during which it is also on track to p…