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American Airlines raises Q2 profit outlook on lower fuel costs

2023-05-31 19:53
American Airlines Group on Wednesday raised its outlook for second-quarter profit as it expects to pay lesser for
American Airlines raises Q2 profit outlook on lower fuel costs

American Airlines Group on Wednesday raised its outlook for second-quarter profit as it expects to pay lesser for jet fuel compared to its previous estimate.

The company forecast profit in the range of $1.45 to 1.65 per share for the current quarter.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Savio D'Souza)