19-May-2017 4:05 PM

American Airlines sees slowing CASM growth due to elevated costs in recent quarters

American Airlines stated (18-May-2017) CASM growth is slowing, with "elevated" costs in recent quarters due to rate increases meted out to its employees. The carrier noted the impact should lessen throughout 2017, predicting consolidated CASM will be less than 2% in both 2018 and 2019. [more - original PR]