American Airlines swings to a loss, but tops estimates for Q2 forecast

A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024.American Airlines swung to a loss in the first quarter but its forecast for the current period surpassed analysts' estimates, sending shares roughly 4% higher.American expects to earn between $1.15 and $1.45 per share in the second quarter, on an adjusted basis, largely above the $1.18 analysts compiled by LSEG estimated on ave ...