American Airlines cuts quarterly revenue forecast after Irma

Hurricane Irma took a bite out of American’s Q3 revenue, the carrier said Tuesday. The storm slammed into Florida Sunday, forcing airports to close, including Miami International, the state's largest and an American Airlines hub. Last month, the airline had expected Q3 revenue for each seat flown to rise from 0.5% to 2.5% year over year. The carrier revised that to flat year-over-year revenue growth to an increase of up to 1%. American said that Q4 revenue growth would be higher than in Q3.<br/>