© Reuters. FILE PHOTO: An American Airlines Airbus A321 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake/File Photo
(Reuters) -American Airlines said on Tuesday that it was expecting to record higher costs in the current quarter following a new labor deal with its pilots.
The company’s pilots approved a new contract on Monday that includes more than $9.6 billion in total pay and benefits increases over four years.
The company now expects its cost per available seat mile excluding fuel to rise about 4% to 6%, compared with its previous forecast of about 2% to 4% growth.
The company reaffirmed its cost outlook for the year.
