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American Airlines forecasts 2026 loss as fuel costs outpace fare gains

By Reuters News11:02 (UTC), 22 October 2026 Updated

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.

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