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American Airlines (AAL) Q2 2026 earnings
CNBC • • business
Key Points:
- American Airlines lowered its 2026 earnings outlook due to higher fuel costs, indicating that increased fares are insufficient to fully offset the recent surge in fuel prices.
- The airline now expects an adjusted loss per share between 65 cents and earnings of 65 cents for the year, down from the previous forecast range of a 40-cent loss to $1.10 earnings per share.
- For the current quarter, American anticipates an adjusted loss per share between 70 cents and 10 cents, missing Wall Street's expected earnings of 28 cents, but projects revenue growth of 16% to 19%, exceeding analyst estimates.
- In Q2, American reported adjusted earnings of 15 cents per share on $16.74 billion revenue, slightly beating expectations, though profit fell 88% year-over-year to $71 million due to rising costs.
- CEO Robert Isom highlighted ongoing efforts to close the margin gap with competitors Delta and United, including plans to order new wide-body aircraft and add premium seats to existing jets.
