American Airlines Sees Current-Quarter Adjusted Loss as Fuel Costs Rise
American Airlines said it is on course for an adjusted loss in the current quarter as surging fuel prices offset continued revenue strength. Fourth-quarter revenue is projected to climb 19.5% to 22.5%.
By Connor HartAmerican Airlines said it is on course for an adjusted loss in the current quarter, as surging fuel prices more than offset continued revenue strength.The carrier on Thursday said revenue is projected to climb 19.5% to 22.5% in the fourth quarter, during which it is also on track to p…