(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.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Anil D'Silva)