Jet fuel prices are weighing heavily on carriers like American Airlines.
American said fuel prices have increased in the third quarter, anticipating adjusted earnings per share between 20 and 30 cents. The carrier also mentionedThe International Air Transport Association
tracks jet fuel prices. The global average jet fuel price last week increased by 1.6% compared to the week before. In North America, jet fuel cost $3.18 cents per gallon on average last week, according to the tracker, up 2.2% from the week prior.Stay prepared. Receive the latest airlines news, delivered straight to your inbox.
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