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The airline and its subsidiaries had to call off more than 3,000 flights in January, according to flight-tracking service FlightAware, as the industry struggled with mass cancellations due to adverse weather and an outbreak of the highly infectious Omicron variant.
The first-quarter was impacted by high fuel costs due to the Ukraine war and persistent pilot and ground staff shortages.
Airlines, however, have cut capacity and a surge in air travel demand has also allowed them to pass on high fuel costs to consumers.
Last week, Delta Air Lines Inc (NYSE:DAL) said robust consumer demand led to a “solid” profit in March, prompting the Atlanta-based airline to forecast a “meaningful” profit this year.
On Thursday, American Airlines reported an adjusted loss of $1.51 billion, or $2.32 per share, for the quarter ended March 31, compared with a loss of $2.74 billion, or $4.32 per share, a year earlier.
Operating revenue rose to about $8.9 billion from about $4 billion a year earlier.
