American Airlines Forecasts Strong Profit Amid Travel Rebound
American Airlines has forecasted a robust profit for the current quarter, surpassing analysts' expectations, as the airline industry experiences a resurgence in business travel and anticipates strong demand during the upcoming summer season. Despite a wider-than-expected first-quarter loss, the company remains optimistic about its financial outlook for the year ahead.Rebounding Business Travel Propels American AirlinesAfter enduring a challenging period due to the COVID-19 pandemic, American Airlines is witnessing a revival in corporate reservations, signaling a return of business travelers. This segment, which was notably absent during the i...