{"id":241598,"date":"2023-09-14T06:57:00","date_gmt":"2023-09-14T04:57:00","guid":{"rendered":"https:\/\/www.travelreport.se\/?p=241598"},"modified":"2023-09-14T06:57:00","modified_gmt":"2023-09-14T04:57:00","slug":"high-fuel-costs-challenge-airlines-lower-profit-forecasts","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/hoga-branslekostnader-utmanar-flygbolag-sanker-vinstprognoser\/","title":{"rendered":"High fuel costs pose challenges \u2013 airlines lower profit forecasts"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2018\/01\/Aircraft-Exterior-AA-737-Livery-Left-Front-Side-1024x767.jpg\" alt=\"\" class=\"wp-image-231161\"\/><figcaption class=\"wp-element-caption\">Photo:American Airlines<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">American Airlines is the latest airline to lower its third-quarter forecast, citing higher fuel costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">American Airlines now expects adjusted earnings per share in the range of $0.20-$0.30 in the third quarter. This compares with the previous forecast of $0.85-$0.95 per share, writes the Financial Times.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">American Airlines also halves its operating margin forecast to 4-5 percent, according to&nbsp;<a href=\"https:\/\/www.cnbc.com\/2023\/09\/13\/american-airlines-spirit-cut-summer-profit-forecast-on-costs.html\">CNBC<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The airline refers to significantly higher fuel costs and retroactive salary payments to pilots following recent contract negotiations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Spirit Airlines has also adjusted its forecasts downward. The low-cost carrier now expects an operating margin of at least minus 15.5 percent in the third quarter, compared to the previous forecast of minus 5.5-minus 7.5 percent. The company is also lowering its revenue forecast for the period, writes CNBC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another string of negative news has come from the US airline sector recently. Frontier Airlines flagged a negative demand trend on Wednesday, and earlier in September Southwest Airlines and Alaska Airlines lowered their forecasts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: DI.SE<\/p>","protected":false},"excerpt":{"rendered":"<p>Det amerikanska flygbolaget American Airlines \u00e4r det senaste i raden av flygbolag att s\u00e4nka sina prognoser f\u00f6r det tredje kvartalet. S\u00e4nkningen g\u00f6rs bland annat med h\u00e4nvisning till h\u00f6gre br\u00e4nslekostnader. American Airlines r\u00e4knar\u00a0nu med en justerad vinst per aktie i spannet 0,20-0,30 dollar under det tredje kvartalet. Det kan j\u00e4mf\u00f6ras med den tidigare prognosen p\u00e5 0,85-0,95 [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[374,195,193],"class_list":["post-241598","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-american-airline","tag-tag-flyg","tag-tag-turism"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>H\u00f6ga br\u00e4nslekostnader utmanar \u2013 flygbolag s\u00e4nker vinstprognoser &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"H\u00f6ga br\u00e4nslekostnader utmanar \u2013 flygbolag s\u00e4nker vinstprognoser \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" 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