American Airlines Group Inc. (AAL)
The company now
American reported record third-quarter revenue of $16.3 billion on 22 October 2026, up 19.3 percent, yet a net loss of $269 million 1. Fuel explains the gap: the average price it paid rose to $3.85 a gallon from $2.37, and fuel expense grew $1.9 billion, or 67.5 percent 1.
Demand was strong everywhere else: premium revenue rose 22.9 percent, managed corporate travel revenue 27.6 percent and AAdvantage enrollments 27.4 percent 1. Chief executive Robert Isom called it "the strongest year-over-year revenue growth in my career, with premium performance leading the way" 1.
The open questions are fuel, debt and a new stake abroad 111. For the fourth quarter American assumes fuel at about $4.70 a gallon, nearly double a year earlier, and it expects network growth to slow in 2027 1. On 20 October it paid $100.0 million to exercise warrants for 7.9 percent of Azul, the Brazilian airline 11.
American ended September with $11.8 billion of available liquidity, the cash and credit it can draw on, against total debt of $36.4 billion counting leases and pensions 1.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.