American Airlines Q1 2026 Earnings Preview: Revenue Expected +10% as Jet Fuel Costs Surge on $101 Brent

# American Airlines Q1 2026 Earnings Preview: Revenue Expected +10% as Jet Fuel Costs Surge on $101 Brent

> **Quick answer:** American Airlines (AAL) reports Q1 2026 earnings before market open on Thursday, April 23. Analysts expect revenue of $13.81 billion — up more than 10% year-over-year — but project an EPS loss of approximately -$0.45 per share. The central tension: demand is the strongest in AAL's non-pandemic history, but jet fuel costs at ~$2.75/gallon with Brent crude at $101.73 are gutting the bottom line.

American Airlines Q1 2026 earnings arrive this morning at one of the most consequential moments in airline industry history. With Brent crude at $101.73 driven by the Iran war and Hormuz Strait disruptions, AAL is the most directly exposed major airline to the oil shock — having abandoned fuel hedging strategies that competitors use to cushion the blow. Here is everything you need to know before the number drops.

## AAL Earnings: Date, Time, and What Analysts Expect

American Airlines Group (NASDAQ: AAL) reports Q1 2026 results **before market open Thursday, April 23, 2026**. An earnings conference call with management follows.

The consensus estimates from Wall Street: