American Airlines Shares Trade Premarket; Investors Eye Fuel Shock
American Airlines rose 26.5 cents to $13.85 in premarket trading Tuesday, with Delta and United also higher as U.S. markets reopened after Memorial Day. Brent crude jumped over 3% after new U.S. strikes on Iran, raising concerns about jet fuel costs. American expects 2026 adjusted earnings between a 40-cent loss and $1.10 profit, citing $4 billion in higher fuel expenses. CEO Robert Isom will speak at a Bernstein conference Wednesday.