Fuel crisis from Middle East conflict could push carrier into loss as it looks to offset costs with higher fares
The soaring price of jet fuel will cost American Airlines another $4bn this year, the carrier has said, wiping out forecast profits.
The airline, the world’s largest by passengers flown, said the fuel crisis from the US-Israel war on Iran could push it into losses during 2026, having forecast profits approaching $1.8bn before bombing started.
Continue reading...Originally reported by The Guardian
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