American sets new revenue records amid historic fuel cost pressure
Source: The Manila times
Published on: 2026-10-22 11:22
FORT WORTH, Texas, Oct. 22, 2026 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2026 financial results, reflecting execution of its commercial strategy and the benefits of long-term investments in its customers, team members, network, fleet and technology. Third-quarter financial highlights: * Total revenue of $16.3 billion, up 19.3% year over year, above the high end of the previously announced guidance range. * Delivered the best unit cost performance among the network carriers, with CASM-ex1 up 3.0%. * Fuel expense for the quarter increased $1.9 billion, or 67.5%, year over year. * GAAP net loss of $269 million, or ($0.41) per diluted share. * Adjusted net loss of $182 million2, or ($0.28) per diluted share. Adjusted net loss was only $71 million below third quarter 2025 despite the $1.9 billion increase in fuel expense. "American...
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