American Airlines Reduces 2026 Earnings Forecast Due to Increased Jet Fuel Costs
American Airlines has lowered its 2026 earnings forecast to a range of a 40 cents per-share loss to $1.10 per share, down from its previous projection of $1.70 to $2.70. This adjustment follows a significant increase in jet fuel costs, which have added billions to the company's expenses this year. Analysts have also been revising their industry forecasts downward due to ongoing geopolitical tensions.
Tickers: $AAL
Topics: airline industry American Airlines earnings forecast fuel costs