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American Airlines cuts 2026 earnings forecast on jet fuel costs

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American Airlines has cut its 2026 earnings forecast due to a surge in jet fuel costs, CNBC reports.

The company is now projecting an adjusted per-share loss of 40 cents up to earnings of $1.10 a share.

American Airlines reported a first-quarter adjusted loss per share of 40 cents. Analysts expected a loss of 47 cents.

Read more from CNBC.

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