Wall Street Journal
• Dean Seal
American Airlines cuts earnings outlook as fuel headwind persists; targets adjusted loss of $0.10–$0.70/share
American Airlines said it is on track for a full-year adjusted loss or small profit after a fuel-driven hit to second-quarter results. The carrier cut its earnings guidance amid continued cost pressure, pointing to an approximate $6 billion fuel headwind and reaffirming its adjusted loss range of $0.10 to $0.70 per share.
