American Airlines: robust demand persists despite higher jet-fuel costs and softening consumer sentiment; basic-economy tailwind
American Airlines Group says travel demand remains strong even as surging jet-fuel costs lift ticket prices and US consumer confidence edges down. CEO Robert Isom links the outlook to business and premium demand, adding that the early “basic economy” surge following Spirit’s cessation has “evened out.” The carrier is holding its full-year forecast despite the fuel pressure.