American Airlines updated its first-quarter 2026 guidance, projecting record year-over-year revenue growth of over 10% driven by strong demand. The company is also adjusting for higher fuel costs of approximately $2.75 per gallon, which is expected to result in adjusted losses at the lower end of its previous guidance range. This suggests that robust top-line momentum is effectively mitigating the impact of rising fuel expenses on the company's bottom line.
