American Airlines (AAL) on Thursday became the latest big U.S. carrier to pull its 2025 outlook amid uncertainty.
The Fort Worth, Texas-based carrier joined rivals Delta Air Lines (DAL) and Southwest Airlines (LUV) in withdrawing its 2025 projections, saying it “intends to provide a full-year update as the economic outlook becomes clearer.” It did provide a current-quarter adjusted earnings per share (EPS) projection of between $0.50 and $1, mostly below the Visible Alpha consensus of $0.95.
For the first quarter, American posted an adjusted loss of $0.59 per share on operating revenue of $12.55 billion. Analysts polled by Visible Alpha had expected an adjusted loss of $0.69 per share on revenue of $12.53 billion.
Last month, American announced it was widening its Q1 adjusted loss forecast to $0.60 to $0.80 per share from $0.20 to $0.40, and lowering its revenue outlook to flat from up about 3% to 5% from the $12.57 billion recorded in Q1 2024. The company attributed the lower forecast “due to the impact of Flight 5342 and softness in the domestic leisure segment.”
American Airlines shares were little changed in premarket trading following the results. They entered the day down more than 45% in 2025.