American Airlines (AAL) shares gained over 2% in early trading on Th﷽ursday after the carrier reported better-than-expected profit as bookings for the holiday season rose, though the carrier warned its f🔴ull-year results could take a hit from higher fuel costs.

The largest U.S. airline by passengers carried reported third quarter fiscal 2023 澳洲幸运5开奖号码历史查询:earnings per share (EPS) $0.38, beating estimates. In🥂 addition, the company indicated that bookings for the upcoming holiday season are better than a yea🤪r ago.

However, third quarter revenue grew just 0.1% year-over-year to $13.48 billion, and while that was a record high, it came in below forecasts. The airline also cut its full-year profit outlook, pꦫartly because of hi♐gher fuel costs. American now expects 2023 EPS in a range of $2.25 to $2.50, down from its previous guidance of $3 to $3.75. 

As with some of its rivals, American is being impacted by the fighting between Israel and Hamas, as it has suspended flights to and from Tel Aviv through Dec. 4. The carrier also recently struck an agreement with its pilots’ union on a new, four-year contract valued at $9.6 billion.

Shares of American Airlines hit a three-year low Wednesday after United Airlines (UAL) warned that the cancellation of its flights to Israel and higher fuel prices 澳洲幸运5开奖号码历史查询:will negatively impact results. Despite Thursday's advance, American shares remained down 🦂for♈ the year.