American Airlines Group Reports Q1 Adjusted Loss Amid Fuel and Storm Costs
American Airlines Group reported a Q1 adjusted loss of $0.40 per share despite a 10.8% revenue increase, driven by $320 million in winter storm costs and $400 million in higher fuel expenses. The company expects to be profitable in 2026 if fuel prices remain stable and plans to pass through 40%-50% of fuel costs in Q2, rising to 90%+ by Q4. Management guided Q2 revenue growth of 13.5%-16.5%.
Tickers: $AAL
Topics: earnings fuel costs merger rumors profitability outlook revenue growth weather impact