American Airlines shares dropped nearly 10% after disappointing third-quarter profit forecast. CEO Robert Isom cited consumer weakness, flat corporate travel demand, and operational issues from storms. Demand expected to improve, capacity growth scaled back. Delta and United also issued lower 2025 forecasts. American predicts adjusted per-share loss or earnings for 2025. In the second quarter, American’s revenue rose to $14.39 billion, beating expectations, while net income dropped 16.5%.
Read more at CNBC: American Airlines 2Q 2025 earnings