American Airlines updates its 2026 financial outlook again, citing continued increases in fuel costs. According to the company’s latest guidance, it now expects a full-year adjusted loss of up to 65 cents per share. This outcome would be worse than the range American Airlines previously provided in April, when it issued a less negative outlook. The update reflects pressure from higher jet fuel expenses, which the airline says are contributing to lower expected earnings compared with earlier projections. The latest revision continues a pattern of reduced expectations for 2026 earnings as operating costs remain elevated. American Airlines’ adjustment centers on its adjusted earnings measure, which excludes certain items, and it does not change the underlying driver cited by the company: fuel prices are higher than anticipated and remain a key factor affecting profitability. Overall, the guidance signals that the airline’s path to improved financial results depends in part on future fuel cost trends.