American Airlines Reports $341 Million Increase in Q1 Jet Fuel Costs
American Airlines spent $341 million more on jet fuel in Q1 2026 compared to the same period in 2025, driven by rising global fuel prices. The six largest U.S. airlines collectively paid $1.2 billion more for fuel in Q1, with further price increases expected in Q2. American expects to recover 40-50% of its elevated costs in Q2, rising to as high as 90% by Q4.
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Topics: airline industry airline revenue fuel price surge jet fuel costs operational expenses