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American Airlines Expects to Lose Money in 2026 Due to High Fuel Costs
The carrier said fuel expense rose 67.5% to $4.6 billion, and it now expects a larger adjusted loss for 2026.
- On Thursday, American Airlines projected an adjusted 2026 loss of $1.00 to $1.60 per share, reversing July guidance that allowed for profitability despite record third-quarter revenue of $16.3 billion.
- Fuel expenses jumped $1.9 billion, or 67.5%, to $4.6 billion this quarter, as jet fuel costs spiked after the Iran war began, according to CNBC, with prices anticipated to reach about $4.70 a gallon.
- CEO Robert Isom said American 'delivered record third-quarter revenue and the strongest year-over-year revenue growth in my career.' Yet the carrier reported an adjusted net loss of $182 million, or 28 cents a share.
- American is the latest of four major U.S. airlines to trim its 2026 outlook following fuel-price surges. Delta Air Lines, United Airlines, and Southwest Airlines each pared guidance earlier this month, CNBC reported.
- Through reengineering efforts, American expects to reach nearly $1 billion in annual run-rate savings by year-end 2026. Given elevated fuel prices, the carrier anticipates network growth in 2027 will slow from 2026 levels.
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American Airlines forecasts 2026 loss as fuel costs outpace fare gains
·London, United Kingdom
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American Airlines Widens Its Loss Prediction as Fuel Costs Rise
·New York, United States
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American Airlines Overwhelmed By Fuel Costs Of $4.6 Billion
·Jersey City, United States
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American Airlines Sinks 4% as Fuel Costs Push Outlook to Full-Year Loss; Delta and United Airlines Drop 3%
American Airlines just posted record revenue and still managed to forecast a full-year loss, leaving investors scrambling to understand how a carrier can grow so fast while falling so far behind on its own bottom line.
·Lakewood, United States
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Total News Sources19
Leaning Left1Leaning Right1Center8Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
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