American Airlines forecasts stronger profit on resilient travel demand ...Middle East

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American Airlines Group Inc on Thursday forecast that fourth-quarter profit would exceed analyst estimates after posting better-than-expected earnings in the third quarter, as demand for travel remained resilient despite higher airfare and growing risks of an economic recession. The company, the No 1. U.S. airline by fleet size, said there are no signs of a slowdown in consumer demand and expects air travel demand to stay "robust" next year. But it warned that its capacity to meet the demand would remain constrained due to delays in aircraft deliveries and a shortage of pilots at its regional partners.

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