Skift Take
American reported a third-quarter loss as its competitors profits nearly hit $1 billion. It still has a long road to recovery over a botched distribution strategy that caused it to lose out on lucrative business travel.
American Airlines reported a loss of $149 million for the third quarter as it continues to deal with the fall out of its distribution strategy.
The figure is an improvement from the year before, when American had a $545 million loss. However, the carrier is trailing Delta Air Lines and United Airlines as both reported third-quarter profits of $971 million and $965 million, respectively. American had revenues of $13.6 billion.
The carrier said that it was able to quickly bounce back from the CrowdStrike outage and Hurricanes Debby and Helene.
American Looks to Restore Relation