American Airlines Sees Strong Demand, but Fuel Spike Threatens Profit Outlook
7 Articles
7 Articles
The American Airlines Group may need to adjust its capacity planning if fuel prices remain high, said on Wednesday (16) the executive president of the company, Robert Isom. Exclusive material for subscribers. To have full access, access the link of the material and register.
American Airlines Sees Strong Demand, but Fuel Spike Threatens Profit Outlook
American Airlines Group (NASDAQ:AAL) CEO Robert Isom said demand remains strong across the carrier’s network, cabins and geographies, while volatile fuel costs remain the principal constraint on profitability. Speaking at a Morgan Stanley conference, Isom said American expects third-quarter revenue
American Airlines warns high fuel prices could force capacity adjustments
CHICAGO, Sept 16 (Reuters) - American Airlines CEO Robert Isom said on Wednesday that persistently high fuel prices could force the carrier to adjust its future capacity plans, even as strong demand and higher fares have helped it recapture a s...
The airline warned that a sustained increase in fuel costs could lead to a reduction in its flight capacity and adjustment of its operation
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