Airlines cut flights and adjust capacity as jet fuel prices surge above projections.

Rising jet fuel prices, now averaging $181.46 per barrel, are forcing major U.S. airlines like American, United, and Southwest to adjust flight capacity and schedules. American Airlines reported a $1 billion increase in fuel costs for Q4 due to prices running about $1 per gallon higher than expected. United Airlines plans to cancel some December flights if fuel prices remain high, while Southwest has already reduced its planned capacity growth for 2026. Despite these challenges, airlines report strong bookings and expect revenue growth, but continued high fuel costs may lead to further schedule adjustments into 2027.

As of Sep 18, 2026 04:11 WIB, American Airlines Group Inc (AAL) shares are trading at USD 12.95, up 1.97% on Pluang with a market cap of $8.41B. United Airlines Holdings Inc (UAL) is priced at USD 107.64, gaining 1.26%, while Southwest Airlines Co (LUV) leads with a 3.19% increase to USD 40.40. Despite the challenges from rising jet fuel costs, these stocks show positive momentum, with Southwest Airlines having the highest daily gain among them.