Isophoric News · Thursday, October 22, 2026
American Airlines forecasts a bigger 2026 loss on fuel costs and plans to slow growth in 2027
American Airlines said Thursday it expects an adjusted loss of between $1 and $1.60 a share in 2026, compared with a July forecast of between a loss of 65 cents and a profit of 65 cents, and said it will slow its capacity growth next year, CNBC reported. The airline reported record third-quarter revenue of $16.34 billion, up 19.3% from a year earlier, and an adjusted loss of 28 cents a share against 35 cents expected, while its fuel bill rose 67.5% to $4.64 billion, according to CNBC. It is the fourth major U.S. carrier to cut its 2026 forecast this month because of higher jet fuel prices following the start of the Iran war, CNBC reported, after Delta, United and Southwest. CEO Robert Isom said on an earnings call that he has "great confidence" the company will return to profitability next year.