American Airlines cuts 2026 outlook, sees loss as fuel costs outpace fare gains

American Airlines

22/10/2026 12:17

** American Airlines AAL.O shares fell ~2.5% to $11.90 premarket
** The carrier now sees 2026 loss/shr of $1.00 to $1.60 as high jet fuel prices outpace fare increases and squeeze margins
** Earlier expected EPS of 65 cents to loss/shr of 65 cents for FY
** AAL reports Q3 net loss of $269 million, or 41 cents per share, compared with a loss of $114 million, or 17 cents per share, a year ago
** As of last close, stock down ~20% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)
 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))