American Airlines Says Fuel-Cost Surge May Require Capacity Cuts
American Airlines Group Inc. Chief Executive Officer Robert Isom said the airline may need to cut more capacity in the fourth quarter as the aviation industry continues to contend with...
By Sri Taylor · Bloomberg Markets
American Airlines Group Inc. Chief Executive Officer Robert Isom said the airline may need to cut more capacity in the fourth quarter as the aviation industry continues to contend with high fuel prices that the carrier estimates will add $1 billion in extra costs in the last three months of the year.