American Airlines cuts 2026 forecast as high fuel costs hurt profit
Airfind news item
Published on April 23, 2026.
American Airlines (AAL.O) has reduced its 2026 profit forecast to between $1.10 per share and $2.9 per cent, due to high jet fuel costs. The company now expects to report a loss of 40 cents per share, compared to the previous forecast of $1,100 per cent. The impact of the high cost of jet fuel is also being blamed on the Iran-led conflict.
Read Original Article
Related Articles
No selfies, no phones: Why wildlife destinations are starting to say 'no' to tourists
As India's Supreme Court enforces a full ban on mobile phones in key areas, experts question the practicality and the potential impact on wildlife.
Major Montco-Based Company Moving Out Of State
Bimbo Bakeries, a subsidiary of Grupo Bimbo, has moved its headquarters to Dallas, Texas, to consolidate operations and enhance long-term growth.
Southwest Airlines CEO Bob Jordan: We expect higher jet fuel prices for the remainder of the year
Southwest Airlines CEO Bob Jordan discusses rising jet fuel costs, potential government bailout and travel demand with details of his company's upcoming performance at the helm.