Source: CNBC
“American Airlines on Thursday cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to expenses this year. American said it could post an adjusted per-share loss of 40 cents up to earnings of $1.10 a share, lower than the per-share earnings of $1.70 to $2.70 it forecast in January, though Wall Street analysts have been trimming their forecasts for the industry since the U.S.-Israel attacks on Iran this year. Airlines have been either cutting their full-year forecasts or holding off on further guidance because of volatile prices for jet fuel since the war started. Fuel is generally their biggest expense after labor.” (04/23/26)
https://www.cnbc.com/2026/04/23/american-airlines-aal-q1-2026-earnings.html