American Airlines cuts 2026 profit forecast again due to high fuel costs
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At the start of 2026, American Airlines expected to be roughly break-even for 2026. In July, the company lowered its 2026 profit forecast to a loss of 65 cents per share to a profit of 65 cents per share. On October 22, American Airlines lowered its 2026 profit forecast again, expecting a full-year loss of between $1.60 and $1 per share, due to soaring fuel costs. On October 23, American Airlines CEO Robert Isom said that despite fuel costs increasing by $7 billion during the year, the company still believes it can be profitable in 2027, and said that without this fuel expense it could have been solidly profitable. American Airlines same day expected its full-year loss to widen, with fourth-quarter fuel prices reaching up to $4.70 per gallon. The company is upgrading the passenger experience to attract premium travelers.
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- Skift FeedAmerican Airlines expects a loss in 2026, plans to return to profitability in 2027
American Airlines CEO Robert Isom said that despite a $7 billion increase in fuel costs during the year, the company still believes it can be profitable in 2027, and said that without this fuel spending it would have been solidly profitable. American Airlines on the same day expected its full-year loss to widen, with fourth-quarter fuel prices reaching as high as $4.70 per gallon. The company is upgrading the passenger experience to attract premium travelers.
- Skift FeedAmerican Airlines expects a loss in 2026 due to high fuel costs
American Airlines has again lowered its 2026 profit forecast and expects a full-year loss per share of between $1.60 and $1, due to surging fuel costs. In July of this year the company had already lowered its forecast to a loss per share of 65 cents to a profit of 65 cents, and at the start of the year it expected to be roughly break-even.