(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.

American Airlines last year said it would reverse a business-travel sales strategy that backfired. The airline signed a new credit card deal with Citi late last year. American Airlines reported a jump in fourth-quarter profits with results coming in ahead of analysts' expectations,

Railroad operator Union Pacific reported a 7% increase in fourth-quarter profit on Thursday, helped by more grain and fertilizer shipments and core pricing gains. The company posted a net income of $1.

Union Pacific reported a fourth-quarter profit on Thursday that rose 7% on the back of higher grain and fertilizer shipments and core pricing gains, sending the railroad operator's shares up more than 4% before the bell.