Justin Boggs is a writer for the E.W. Scripps company. Justin covers anything from politics to sports and entertainment.
Despite record revenue, American Airlines posted a $545 million loss in the third quarter of 2023, according to investor data released by the airline Thursday.
"It is a deal that although comes with increased compensation and benefits and expense, it also puts us in a position to train our pilots in a much more efficient manner," Isom said. American Airlines said that despite posting softer numbers than its two top competitors, United and Delta, it retains a network advantage in 200 markets in the U.S. American Airlines leaders say that quarter-to-quarter numbers are mostly a result of the industry's recovery from COVID-19.
May added that the recent contract with pilots would continue to apply pressure to profits through the first quarter of 2024.
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