{"id":592394,"date":"2023-07-21T10:10:03","date_gmt":"2023-07-21T04:40:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592394"},"modified":"2023-07-21T11:35:16","modified_gmt":"2023-07-21T06:05:16","slug":"american-airlines-raises-2023-profit-forecast-on-strong-travel-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/american-airlines-raises-2023-profit-forecast-on-strong-travel-demand\/","title":{"rendered":"American Airlines raises 2023 profit forecast on strong travel demand"},"content":{"rendered":"<p>American Airlines raised its annual forecast for adjusted profit on Thursday, powered by strong demand for domestic and international travel despite fears of a looming economic slowdown.<\/p>\n<p>Major airlines have been benefiting from an unprecedented surge in travel demand as consumers, faced with constrained budgets, cut expenditures on goods to spend on experiences. <\/p>\n<p>Boosting profits, jet fuel costs in North America are down about 30% from a year ago, but there are signs flight fares might be cooling off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American Airlines raised its annual forecast for adjusted profit on Thursday, powered by strong demand for domestic and international travel despite fears of a looming economic slowdown. Major airlines have been benefiting from an unprecedented surge in travel demand as consumers, faced with constrained budgets, cut expenditures on goods to spend on experiences. Boosting profits, jet fuel costs in North America are down about 30% from a year ago, but there are signs flight fares might be cooling off.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-592394","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=592394"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592394\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}