(Reuters) -American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel prices and efforts to fix a sales-strategy misstep that drove away corporate travelers. Shares of the carrier dropped 6% in premarket trade.

Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.

American Airlines said on Thursday it expects to post a first-quarter loss, sending its stock tumbling even after it reported a $590 million profit at the end of last year. The Fort Worth-based air carrier finished 2024 with a record $52.