Stock Market News
American Airlines expects Q1 revenue to be down 16% from pre-pandemic levels
2022.04.12 15:21
FILE PHOTO: An American Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua Roberts/File Photo
(Reuters) – American Airlines (NASDAQ:AAL) said on Tuesday it expects first-quarter total revenue to be down about 16% compared to pre-pandemic levels, as airlines struggle to meet rising travel demand with limited staffing.