American Airlines cuts first-quarter capacity forecast as oil prices surge
By Rowena EdwardsPosted on
An American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia
(Reuters) – American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war.
(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Shinjini Ganguli)