What Happened
Fuel Price Surge Threatens Profitability For US Carrier
American Airlines is expecting to record a loss for 2026 due to the rising cost of jet fuel, which has dashed hopes of achieving a profit. The airline’s third quarter results showed a significant increase in fuel costs, reaching $4.6 billion, a 67.5% rise from the same period last year. Despite record third-quarter revenue, the company posted a net loss of $269 million. American Airlines’ CEO Robert Isom stated that the airline is focused on restoring profitability and building a stronger company for the long term. The forecast was reported by AeroTime.