American Airlines forecasts 2026 loss as fuel costs outpace fare gains
22/10/2026 12:02
American Airlines forecasts 2026 loss as fuel costs outpace fare gains Oct 22 (Reuters) - American Airlines AAL.O cut its 2026 outlook on Thursday and now expects to post a loss, abandoning its previous forecast range that allowed for a profit, as high jet fuel prices outpace fare increases and squeeze margins.
The carrier now expects an adjusted loss of $1.00 to $1.60 per share, compared with its previous forecast ranging from a 65-cent profit to a 65-cent loss per share.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Devika Syamnath)
((Shivansh.Tiwary@thomsonreuters.com; X: @Shivansh_19_;))
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