American Airlines Lowers Earnings Goal as Fuel Bill Surges

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.