CNBC
• Leslie Josephs
American Airlines cuts 2026 profit guidance as first-quarter loss hits $382M; higher fuel costs keep earnings broadly flat despi
American Airlines reported a first-quarter 2026 net loss of $382 million ($0.58 per diluted share) on $13.9 billion of revenue, and said passenger unit revenue lagged key competitors. The carrier trimmed full-year profit outlook, warning that a more than $4 billion rise in fuel costs will keep earnings broadly flat despite strong demand.
