American Airlines Lowers Guidance Due to Rising Fuel Prices

Higher fuel prices due to the war in Iran are weighing on American Airlines. The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's...

By Bloomberg Markets · Bloomberg Markets

Higher fuel prices due to the war in Iran are weighing on American Airlines. The carrier lowered its full-year earnings target even after beating on earnings for the quarter. Bloomberg's Siddharth Phillip reports. (Source: Bloomberg)