Business3 sources
American Airlines Cuts 2026 Outlook Due to Fuel Costs
- American Airlines has cut its full-year outlook for the third time in six months due to high fuel prices.
- The airline forecasts a bigger loss in 2026 and plans to slow growth next year.
- This follows other major U.S. carriers reducing their 2026 forecasts due to fuel spikes.
- American Airlines warns that airfares will not return to pre-Iran war levels.
- The airline may need to further reduce flying if fuel prices remain elevated.