American Airlines incoming Chief Executive Robert Isom told Reuters the Texas-based carrier's return to profitability is contingent on a full-scale recovery in travel demand. American has the largest debt stock in the U.S. airline industry.
New travel restrictions prompted by the Omicron coronavirus variant have set back the nascent recovery in international flights, creating delays and headaches in some regions, according to airline and airport officials.
The flurry of new testing rules and border closings has raised concerns ahead of the important Christmas travel season, but some airline bosses said they hope any backward moves will be short-lived.
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