American Airlines’ Profit Grounded by Soaring Fuel Costs

Shares of American Airlines (AAL) were under pressure into Thursdayâs open as the carrierâs third quarter results underscored its vulnerability to risingâand unhedgedâfuel costs. The U.S.âs largest airline reported a 19% increase in revenue to a record $16.3B and 14.6% inc

Shares of American Airlines (AAL) were under pressure into Thursdayâs open as the carrierâs third quarter results underscored its vulnerability to risingâand unhedgedâfuel costs.

The U.S.âs largest airline reported a 19% increase in revenue to a record $16.3B and 14.6% increase in passenger

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