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American Airlines says bad weather hurt Q1 results

Published Wed, Apr 9, 2014 · 10:00 PM
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[ATLANTA] American Airlines Group on Tuesday said flight cancellations due to bad weather hurt its first-quarter results, joining other carriers that blamed the weather for a drag on business during the period.

American grounded more than 34,000 flights in the first three months of this year, reducing quarterly revenue by about US$115 million and operating profit by about US$60 million.

The carrier cut its forecast fo…

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