The key facts

  • American Airlines' third-quarter revenue rose 19.3% to $16.34 billion — a record figure
  • Fuel expenses increased 67.5% to $4.64 billion; the net loss was $269 million versus $114 million a year earlier
  • The full-year 2026 loss per share is forecast at $1 to $1.6

Record revenue amid growing losses

American airline American Airlines raised its loss forecast for the current year due to rising fuel prices, despite record third-quarter revenue. According to the company's press release, quarterly revenue grew 19.3% compared with the same period last year, reaching $16.34 billion.

Fuel costs up by two-thirds

Aviation fuel expenses for the quarter increased 67.5% year over year, reaching $4.64 billion. The average fuel price for the company was $3.85 per gallon. The net loss in the third quarter amounted to $269 million, or $0.41 per share, versus a loss of $114 million ($0.17 per share) a year earlier.

Fourth-quarter and full-year outlook

American Airlines expects fourth-quarter revenue to grow 19.5–22.5% compared with the same period last year. The company forecasts a fourth-quarter loss per share of $0.50 to $1.10. For the full year 2026, the loss per share is estimated in the range of $1 to $1.6.