American Airlines Boosts Outlook After Busy Holiday Season

American Airlines Boosts Outlook After Busy Holiday Season
American Airlines planes sit stored at Pittsburgh International Airport in Imperial, Pa., on March 31, 2020. Gene J. Puskar/AP Photo
The Associated Press
Updated:

DALLAS—American Airlines raised its forecast of fourth-quarter revenue and profit Thursday, boosted by higher fares and full planes capped off with a busy holiday travel period.

American earned $1.12 to $1.17 per share in the fourth quarter, nearly double its previous forecast. Revenue was 16 percent to 17 percent above the same quarter in 2019, before the pandemic.