American Airlines has released its third-quarter financial results, posting a notable $149 million net loss despite achieving record revenue of $13.6 billion and exceeding earnings expectations. The airline attributed its losses to increased costs from a new labor contract and a strategic void impacting revenue per seat. However, improvements in pricing and a revamped sales strategy have led American Airlines to raise its profit forecast for 2024, showing confidence in a recovery, particularly in the business travel segment. The company achieved its best load factor in over a decade, reinforcing positive momentum as it aims to recover from the impacts of the pandemic and competitive pressures.