American Air Sees Surprise Loss After Failing to Meet Investor Expectations. The carrier reported a significant first-quarter loss as it worked to regain corporate customer sales and combat rising operational costs. Shares dropped amid disappointing results, with analysts initially expecting a profit. The company detailed an expected adjusted loss of up to 40 cents per share for the period, far exceeding the anticipated earnings of just one cent per share. Fuel prices and labor disputes have contributed to high expenses, weighing on profits as American Airlines struggles to maintain customer trust amid stiff competition from other major carriers.
Source: https://www.bloomberg.com/news/articles/2025-01-23/american-air-sees-unexpected-loss-breaking-from-bullish-rivals