US Carriers Face Profit Woes as Costs Soar and Bookings Decline
TL;DR Summary
American Airlines and Spirit have both cut their guidance, causing airline stocks to fall once again. This adds to the ongoing turbulence in the sector.
- American Airlines and Spirit Slash Guidance. It's More Turbulence for the Sector. Barron's
- American Airlines, Spirit Airlines cut summer profit forecast on higher costs CNBC
- American Airlines cuts adjusted profit forecast for third quarter Yahoo Finance
- US carriers cut margin outlook on fuel costs, Frontier flags lower bookings Reuters
- American Airlines Cuts Profit View as Pilots' Contract Weighs on Bottom Line The Wall Street Journal
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
55%
55 → 25 words
Want the full story? Read the original article
Read on Barron's