American Airlines lowered its 2026 earnings forecast, expecting an adjusted loss per share of 40 cents to earnings of $1.10, down from a previous forecast of $1.70 to $2.70 per share. The revision comes as fuel costs surged, adding billions to expenses this year. Despite the cut, the airline reported a first-quarter adjusted loss per share of 40 cents, slightly better than the expected 47 cents loss, and revenue of $13.91 billion, surpassing estimates. This adjustment reflects broader industry challenges amid geopolitical tensions affecting fuel prices.
American Airlines has elected John W. Dietrich to its board of directors, where he will serve on the Audit and Finance Committees. Dietrich brings 35 years of experience in aviation and air cargo, including recent roles as CFO of FedEx and CEO of Atl...
The 2026 FIFA World Cup, hosted largely in the US, has driven significant traffic gains for major US airlines like American, Delta, and United. American Airlines added over 27,000 seats on routes to host cities, while United saw nearly a 20% booking ...
