American Airlines shares tumble 13% after sales strategy backfires; carrier cuts growth

American cut its profit and unit revenue forecast for the second quarter, which coincides with some of the busiest travel periods of the year.

May 31, 2024 - 00:00
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American Airlines shares tumble 13% after sales strategy backfires; carrier cuts growth
American cut its profit and unit revenue forecast for the second quarter, which coincides with some of the busiest travel periods of the year.