Reuters
• Abhijith Ganapavaram, Aditya Kalra
Jet-fuel surge pressures 2026 earnings and airline capacity plans; IndiGo posts second straight loss while Adani explores a new
American, Southwest and Alaska have cut or withdrawn 2026 earnings guidance as higher jet fuel prices force capacity adjustments and fare increases. In India, IndiGo reported a second consecutive quarterly loss, removed nine mostly older damp-leased aircraft, and flagged flat capacity amid lower demand and “operational uncertainty,” while its leadership criticized airport-operator ownership conflicts. Separately, Adani Group is exploring launching a new airline.
