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

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

An American Airlines aircraft lands at Reagan National Airport in
An American Airlines aircraft lands at Reagan National Airport in Arlington, Virginia

(Reuters) – 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)