American Airlines cuts profit prediction amid high fuel prices, following industry trend
American Airlines cut its profit outlook on Thursday, making it the latest company in the industry to do so as the war in Iran continues to cripple the global energy market.
American saw a $4 billion increase in expenses related to higher prices for jet fuel, according to its first quarter 2026 financial results.
The […]
Lufthansa and American Airlines Cut Flights
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies ABC News —
- American Airlines says soaring price of jet fuel will cost it $4bn this year The Guardian —
- American Airlines Cuts Profit Outlook After Fuel Prices Soar Wall Street Journal —
- American Airlines Cuts Profit Outlook After Fuel Prices Soar Wall Street Journal —
- American Airlines Lowers Guidance Due to Rising Fuel Prices Bloomberg —