American Airlines expects Q1 revenue to be down 16% from pre-pandemic levels -Breaking
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© Reuters. FILE PHOTO A plane from American Airlines passes the U.S. Capitol and lands at Reagan National Airport, Arlington, Virginia. This was on January 24, 2022. REUTERS/Joshua Roberts/File Photo(Reuters) – American Airlines (NASDAQ) stated Tuesday that it expected its first quarter total revenue to fall by about 16% compared with pre-pandemic levels. This is due to airlines struggling to keep up with rising travel demand and limited staffing.
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