Irma Wreaks Havoc on American's Revenue Forecast

Though Hurricane Irma is gone, American Airlines officials announced Tuesday they are still expecting to feel her punch, according to CNBC.com.

Florida was slammed by Hurricane Irma, where one of American’s largest hubs is located at Miami International Airport. The massive storm forced airports throughout Florida and the Caribbean to close for several days.

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American revealed in August that it expected third-quarter revenue for each seat flown to rise from 0.5 percent to 2.5 percent year over year. Due to the storm, the carrier now expects revenue growth to slow down, increasing only by one percent.

“Hurricane Irma caused closures at 40 airports in Florida and the Caribbean, including the company's hub at Miami International Airport and resulted in more than 5,000 flight cancellations,” American officials said in a filing.

READ MORE: Agent to Agent: Picking up After Irma

American also claimed that its fourth-quarter revenue growth would outpace the third quarter for the fiscal year, which is a safe bet following the issues the airline faced during September.

Though not at full capacity due to the facility suffering damage from the storm, Miami International Airport was operational again on Tuesday. In total, more than 14,000 flights were canceled due to Irma.

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