American Airlines cuts 2026 earnings projections after surge in jet fuel
American Airlines cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to its expenses.
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An American Airlines flight lands at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., Nov. 7, 2025.
Nathan Howard | Reuters
American Airlines on Thursday cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to its expenses this year.
American said it could post an adjusted per-share loss of 40 cents up to earnings of $1.10 a share, lower than the earnings of $1.70 to $2.70 it forecast in January, though Wall Street analysts have been lowering their forecasts for the industry since the U.S.-Israel attacks on Iran this year.
Here is what American reported in the first quarter compared with Wall Street estimates compiled by LSEG:
Loss per share: 40 cents adjusted vs. loss of 47 cents expectedRevenue: $13.91 billion vs. $13.79 billion expectedRead more CNBC airline news
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