What Happened
Record Revenue Fails to Offset Fuel Cost Spike
American Airlines has forecast deeper losses for 2026, despite record revenue in the third quarter. The airline’s fuel bill increased by 67.5% to $4.64 billion, driving up costs and contributing to the revised forecast. American Airlines CEO Robert Isom noted that the airline’s investments in its commercial strategy are working, with premium performance leading the way. The airline expects another quarter of record revenue growth to close out the year, according to Unknown Source.