American Airlines cuts first-quarter capacity forecast as oil prices surge

American Airlines cuts first-quarter capacity forecast as oil prices surge
An American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia

– American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war.

(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Shinjini Ganguli)

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