American Airlines Lowers Outlook on Rising Fuel Costs

Bloomberg
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American Airlines Lowers Outlook on Rising Fuel Costs
Bloomberg
Written by Bloomberg
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American Airlines announced it expects $4 billion in additional expenses due to rising jet fuel prices but plans to raise fares to offset these costs, maintaining some of the price increases even if fuel prices return to prewar levels. Siddharth Philip has more on "Bloomberg Open Interest."

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