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American Airlines (AAL) Q3 2026 earnings
CNBC • • general
Key Points:
- American Airlines forecast deeper adjusted losses of $1 to $1.60 per share for the full year, worsening from its July outlook of up to a 65-cent loss per share, despite record revenue growth.
- The airline plans to slow capacity growth next year due to soaring jet fuel costs, which rose 67.5% in Q3 to $4.64 billion, significantly impacting profitability.
- American reported a Q3 net loss of $269 million (41 cents per share), wider than last year, but revenue increased 19.3% to $16.34 billion, beating Wall Street estimates.
- CEO Robert Isom highlighted record revenue and investments in premium services as drivers of growth, though the airline lags behind more profitable rivals like Delta and United.
- Rising jet fuel prices linked to the Iran war have led American and other major U.S. carriers to cut their 2026 forecasts and increase airfares by over 20% compared to last year.
