American Airlines Lowers Earnings Goal as Fuel Bill Surges (3)

American Airlines Group Inc.lowered its full-year earnings target, saying it may end 2026 with a loss as the carrier absorbs $4 billion in additional fuel costs from the war in Iran.

The new forecast ranges from a loss 40 cents to a $1.10 profit, American Airlines said as it reported earnings on Thursday that beat estimates. Its original target predating the US-Iran predicted a profit of $1.10 to $2.70.

The more muted outlook puts the airline in company with other carriers that have revised or outright pulled guidance amid surging fuel prices. United Airlines Holdings Inc. on Wednesday warned ...