American Airlines posts $382m Q1 2026 net loss as revenue grows; trims 2026 profit outlook on higher jet fuel costs
American Airlines reported $13.9bn of first-quarter revenue but a net loss of $382m ($0.58 per diluted share). Liquidity ended the quarter at $10.8bn. Management said more than $4bn of expected fuel cost increases should keep full-year earnings broadly flat, while it trims aircraft delivery expectations and prepares for potential post-summer capacity adjustments.