The carrier now expects adjusted earnings per share between a loss of 65 cents and a gain of 65 cents, down from prior guidance of up to $1.10.
American Airlines reduced its 2026 earnings outlook due to surging fuel costs, now projecting adjusted earnings per share between a loss of 65 cents and a gain of 65 cents. The revised forecast falls below its April estimate of a loss of 40 cents to earnings of $1.10 per share.
Fuel price volatility has disrupted airline outlooks during the U.S. earnings season, though strong demand and higher fares have partially offset the impact. Fuel remains the second-largest expense for carriers after labor.
Second-quarter results showed adjusted earnings of 15 cents per share, beating estimates of 3 cents, while revenue reached $16.74 billion, slightly above the $16.71 billion expected.