Business & Finance
American Airlines expects deeper 2026 loss on pricier fuel despite record revenue
Key Points
American Airlines forecast deeper losses this year as record revenue failed to help the airline recover from this year's spike in fuel costs. American on Thursday said it expects to lose between $1 and $1.60 a share, on an adjusted basis for the full year. In July, it forecast earnings of up to 65 cents a share to a loss of as low as 65 cents a share.
American Airlines forecast deeper losses this year as record revenue failed to help the airline recover from this year's spike in fuel costs.
American on Thursday said it expects to lose between $1 and $1.60 a share, on an adjusted basis for the full year. In July, it forecast earnings of up to 65 cents a share to a loss of as low as 65 cents a share.
"American delivered record third-quarter revenue and the strongest year-over-year revenue growth in my career, with premium performance leading the way," American CEO Robert Isom said in a news release. "The investments we are making across the four pillars of our commercial strategy are working, and we expect another quarter of record revenue growth to close out the year."
Here is what American reported in the third quarter compared with Wall Street estimates compiled by LSEG:
- Loss per share: 28 cents adjusted vs. 35 cents expected
- Revenue: $16.34 billion vs. $16.22 billion expected
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