(Reuters) -American Airlines Group Inc on Wednesday forecast a lower-than-expected profit for the first quarter as the carrier battles high fuel costs.
On an adjusted basis, the company expects first-quarter profit between $0.01 per share and $0.05 per share. Analysts had expected a profit of $0.06 per share, according to Refinitiv estimates.
American Airlines' shares fell 1.6% to $14.08 before the bell.
(Reporting by Aishwarya Nair in Bengaluru; Editing by Shounak Dasgupta)
