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American Airlines reports loss on costs from new labor contract
American Airlines reports loss on costs from new labor contract
Economy
by  AFP

American Airlines reported a loss Thursday on costs connected to a new labor contract, but described travel demand as solid as it lifted its full-year earnings forecast. American lifted its full-year profit forecast to between $1.35 and $1.60 per share, compared with the earlier range of 70 cents to $1.30 per share.