As Iran war drags on, airlines pull back on fuel hedges and warn on fares

LONDON/HONG KONG, Oct 28 (Reuters) - With jet fuel prices at roughly double their levels before the Iran war, airlines are growing increasingly reluctant to lock in future fuel costs through new

Reuters • Oct 28, 2026

American Airlines hikes annual fees on rewards cards for first time since 2018

American Airlines is hiking the fee on its Citi AAdvantage Platinum Select World Elite Mastercard to $150 from $99. It marks the first increase for the card since 2018, a spokeswoman said.

CNBC • Oct 27, 2026

JetBlue Jumps 11% as Higher Fares Recapture Fuel Costs; Delta and American Airlines Inch Higher

Higher fares are absorbing a heavy fuel bill at one New York-focused carrier, and its latest report delivered that evidence a day after its finances came under fresh scrutiny. JetBlue Airways (NASDAQ:JBLU) stock is at $2.

24/7 Wall Street • Oct 27, 2026

American Airlines and Citi Enhance the Citi / AAdvantage Platinum Select World Elite Mastercard and the Citi AAdvantage Business World Elite Mastercard With More Ways to Earn and New Travel Benefits

FORT WORTH, Texas & NEW YORK--(BUSINESS WIRE)--American Airlines, Citi and Mastercard today announced upcoming enhancements to the Citi® / AAdvantage® Platinum Select® World Elite Mastercard® and the Citi® / AAdvantage Business™ World Elite Mastercard®, bringing cardmembers new ways to enjoy travel benefits, earn AAdvantage® miles and maximize value from everyday spending. Together with the introduction of the Citi® / AAdvantage® Globe™ Mastercard® last year and recent enhancements to the Citi®.

Business Wire • Oct 27, 2026

American Airlines says airfares could stay elevated even if fuel prices drop

American Airlines CFO Devon May said airfares will likely stay elevated even if oil prices drop, citing the carrier's $1.9 billion fuel costs.

Fox Business • Oct 23, 2026

American Airlines: 3 Key Takeaways for Long-Term Investors

Third-quarter revenue grew 19.3% year over year to $16.3 billion. Higher fuel prices added $1.9 billion to third-quarter operating expenses.

The Motley Fool • Oct 23, 2026

US airlines favor higher fares over fuller planes as fuel costs squeeze profits

US airlines are increasingly willing to fly with empty seats rather than slash fares simply to fill ​them, betting that disciplined pricing and flight schedules will help protect profits at a time of soaring fuel costs.

Reuters • Oct 23, 2026

American Airlines Sinks 4% as Oil Climb Reverses Post-Earnings Rebound; Delta and United Airlines Slide 3%

Climbing oil prices are unwinding the relief rally in airline shares that followed American Airlines Group‘s (NASDAQ:AAL | AAL Price Prediction) record quarter. American Airlines stock is at $12.06, down 4%, wiping out the previous session's rebound.

24/7 Wall Street • Oct 23, 2026

American Airlines: Surviving Q3 Fuel Surge

American Airlines reported a brutal quarter, with soaring jet fuel costs overwhelming record revenue growth and resulting in a $269 million GAAP loss. The airline forecasts an even tougher Q4, expecting a loss of up to $1.10 per share despite 20% revenue growth, driven by a $2.8 billion YoY fuel cost increase. Premium seat sales and loyalty program growth remain bright spots, positioning AAL for strong EPS recovery by 2028, if fuel costs normalize.

Seeking Alpha • Oct 23, 2026

American Airlines Earnings Were Good. Why the Stock Never Stood a Chance Today.

The carrier picked a bad day to report earnings. In truth, it chose a bad month and even year.

Barrons • Oct 22, 2026