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American Airlines says soaring price of jet fuel will cost it $4bn this year [Yahoo! Finance Canada]
Last american airlines group, inc. earnings: 4/30 07:30 am
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US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
The airline, the world's largest by passengers flown, said the fuel crisis from the US-Israel war on Iran could push it into losses during 2026, having forecast profits approaching $1.8bn before bombing started. The price of since the conflict began at the end of February. While many European airlines have hedged their fuel, locking in a purchase price for months or years ahead, American carriers have been exposed to the price rises. The airline will aim to offset the costs with higher fares, saying its revised guidance “assumes continued revenue improvement in the domestic entity, growth in corporate customer volumes and the ability to partially recapture elevated fuel prices”. American Airlines exceeded forecasts and reported record revenues during much of the first quarter of 2026, totalling $13.9bn. Jet fuel prices in the US are slightly lower than in Europe, at about $4 a gallon. Airlines globally are facing rising fuel prices, with some such as Virgin Atlantic having
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- Stocks retreat from record highs as Tesla weighs on Wall Street and oil jumps on Iran uncertainty [Fortune][Fortune]
- AAL Posts Narrower-Than-Expected Q1 Loss Amid Revenue Strength [Yahoo! Finance][Yahoo! Finance]
- American Airlines Group Q1 Earnings Call Highlights [Yahoo! Finance][Yahoo! Finance]
- AAL Q1 2026 Earnings Transcript [Yahoo! Finance][Yahoo! Finance]
- AAL Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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