American Airlines trims full-year profit target, weighed by higher fuel prices
AAL•American Airlines cuts full-year profit forecast
American Airlines AAL.O cut its full-year profit forecast on Thursday as renewed U.S.-Iran fighting pushed oil prices higher again, adding to its fuel bill.
The carrier now expects an adjusted loss of 65 cents per share to an adjusted profit of 65 cents per share, compared with its previous forecast of an adjusted loss of 40 cents to a profit of $1.10 per share.
