American Airlines trims 2026 profit outlook after $4B+ jet-fuel cost jump; reports Q1 2026 net loss of $382M
American Airlines cut its 2026 profit guidance as rising jet fuel adds more than $4 billion to costs. The carrier posted a first-quarter 2026 net loss of $382 million (-$0.58/diluted share) on $13.9 billion revenue (+10.8%) and ended the quarter with $10.8 billion in liquidity and unencumbered assets.