American Airlines slashes 2026 earnings forecast amid rising jet fuel costs
American Airlines has revised its 2026 earnings forecast downward, now expecting adjusted earnings per share between -$0.40 and $1.10, a significant drop from the prior projection of $1.70 to $2.70. The revision is attributed to soaring jet fuel costs, which have pressured the airline's financial outlook. The new guidance reflects a potential loss per share of up to 40 cents, highlighting the impact of volatile fuel prices on the aviation industry. The announcement was made in a regulatory filing and reported by Quartz.
Key facts
- American Airlines slashed its 2026 earnings forecast.
- New adjusted EPS guidance: -$0.40 to $1.10.
- Previous forecast was $1.70 to $2.70.
- Jet fuel cost increases are the primary cause.
- The revision was disclosed in a regulatory filing.
- The story was reported by Quartz.
- The forecast includes a potential loss per share.
- Fuel price volatility continues to affect airlines.
Entities
Institutions
- American Airlines
- Quartz
Sources
- Quartz —