American Airlines warns high fuel prices could force capacity adjustments
American Airlines warns high fuel prices could force capacity adjustments CHICAGO, Sept 16 (Reuters) - American Airlines AAL.O CEO Robert Isom said on Wednesday that persistently high fuel prices could force the carrier to adjust its future capacity plans, even as strong demand and higher fares have helped it recapture a substantial portion of the increase in fuel expense.
Speaking at a Morgan Stanley conference, Isom said he felt "really good" about American's third-quarter revenue growth forecast of 16% to 19% and expected the vast majority of the recent revenue gains to prove durable.
(Reporting by Rajesh Kumar Singh and Shivansh Tiwary)
((rajeshkumar.singh@thomsonreuters.com; +1-313-484-5370; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net))
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