American Airlines scales back 2025 profit outlook as third-quarter forecast falls short
Publishing timestamp: 2025-07-24 16:18:44
Summary
American Airlines' third-quarter profit forecast fell short of expectations, leading to a 10% drop in shares. The airline cited consumer weakness, flat corporate travel demand, and operational issues from storms. The company also issued lower guidance for the full year and 2025 financial forecast. Other airlines like Delta and United have also lowered their forecasts. American Airlines beat earnings and revenue estimates for the second quarter, but domestic travel demand remains a weak spot.
Sentiment: NEGATIVE
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Source: https://www.cnbc.com/2025/07/24/american-airlines-2q-2025-earnings.html