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US airlines cut forecasts as soaring fuel costs squeeze profits

Commonground

Senior Moderator
25th October 2026,
NEW YORK CITY, New York: U.S. airlines are cutting profit forecasts and considering further capacity reductions as soaring fuel costs outpace steep increases in ticket prices, putting pressure on margins despite record revenue and resilient travel demand.

Average U.S. airfares rose nearly 23 percent year-on-year in the seven months through September, according to Labor Department data.

But among the four largest U.S. carriers, Delta Air Lines, Southwest Airlines, and American Airlines have lowered their 2026 earnings forecasts because higher fares fail to fully offset the sharp rise in fuel costs.

...https://www.bignewsnetwork.com/news/279392972/us-airlines-cut-forecasts-as-soaring-fuel-costs-squeeze-profits
 
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