The US airline American Airlines probably had to shoulder higher costs in the first quarter than expected due to higher fuel prices.
Before taxes, a loss of between 2,05 and 2,17 billion US dollars (equivalent to around 1,88 to 1,99 billion euros) should have been incurred, as the company reports. Write-downs on decommissioned Airbus A330 long-haul jets also contributed to this. American Airlines had scrapped its A330 fleet due to the slump in demand as a result of the corona pandemic. According to the information, quarterly sales of $ 8,9 billion were only 16 percent lower than before the pandemic in early 2019. Management had recently assumed 17 percent. However, the costs per seat mile flown are expected to have increased by 12 to 13 percent, even apart from fuel and special effects.