American Airlines Lowers 2026 Earnings Forecast Due to Rising Fuel Costs
American Airlines has lowered its 2026 earnings forecast due to rising jet fuel costs, projecting adjusted earnings per share between a loss of $0.40 and a profit of $1.10, down from a previous range of $1.70 to $2.70. The airline is facing a projected $4 billion increase in fuel costs, with per-gallon prices near $4.00 in the current quarter.
Tickers: $AAL
Topics: airline industry cost pressures earnings forecast economic impact fuel costs Strait of Hormuz