From BigGo Finance · BigGo Finance · · 1m 50s
American Airlines Q3 Revenue Hits Record $16.3B Amid Fuel Spike
American Airlines reports record Q3 revenue of $16.3 billion but faces $0.28 per share loss due to fuel costs.
In brief
American Airlines reports record Q3 revenue of $16.3 billion but faces $0.28 per share loss due to fuel costs. American Airlines posted record Q3 2026 revenue of $16.3 billion but a $1.9 billion fuel spike drove a $0.28 per share loss. Originally reported by BigGo Finance.
American Airlines Q3 Revenue
![[American Airlines Group Q3 2026 Earnings Call] American Airlines Posts Record $16.3 Billion Revenue but $1.9 Billion Fuel Spike Drives $0.28 Loss; 2027 Growth](https://img.biggo.com/wthaZ_hMjsfLuj2NZbycyY345UZBI0exiDFanyg7XV8/fit/1720/0/sm/0/aHR0cHM6Ly9pbWcuYmdvLm9uZS9uZXdzLWltYWdlL2Vhcm5pbmdzX2NhcmQvMjAyNi0xMC9VU19BQUxfMjAyNi0xMC0yMl8xNzkyNjgxMTQxLndlYnA.webp)
American Airlines reported third-quarter 2026 revenue of $16.3 billion, up 19.3% year over year.
Fuel Expense Spike
Fuel expense rose $1.9 billion year over year, with average price at $3.85 per gallon.
Adjusted Loss
The company reported an adjusted loss of $0.28 per diluted share for the quarter.
Unit Revenue Growth
Unit revenue rose 14.5% year over year, with premium unit revenue climbing 18.5%.
Corporate Revenue
Managed corporate revenue grew 28% year over year for the sixth consecutive quarter.
CASM Ex-Fuel
CASM excluding fuel rose approximately 3% year over year, better than guidance.
Q4 Guidance
Management guided fourth-quarter revenue growth of 19.5%-22.5% but expects fuel at $4.70 per gallon.
2027 Growth Outlook
CEO Robert Isom said 2027 growth will 'decelerate considerably' due to high fuel prices.
Fuel Price Impact
Full-year 2026 fuel expense is expected to be more than $7 billion higher than in 2025.
Profitability Target
CEO Robert Isom expressed confidence in returning to profitability in 2027 once fuel stabilizes.
Capacity Strategy
The company plans to cut capacity growth in 2027 through lower aircraft utilization.
Fleet and Partnerships
American expects to take delivery of 47 new aircraft in 2026 and plans Starlink Wi-Fi installations.
2027 Profitability
American Airlines believes it can be profitable in 2027 despite current fuel prices.
Q4 Loss Projection
The company expects an adjusted loss of $0.50-$1.10 per diluted share for the fourth quarter.
Here's the gist
American Airlines posted record Q3 2026 revenue of $16.3 billion but a $1.9 billion fuel spike drove a $0.28 per share loss.
