American Airlines shares tumbled almost 11 per cent in pre-market trading as fuel costs and mis-steps with corporate travellers prompted it to set a profit outlook more dour than its peers. The Fort Worth,

American Airlines said on Thursday it expects to post a first-quarter loss, sending its stock tumbling even after it reported a $590 million profit at the end of last year. The Fort Worth-based air carrier finished 2024 with a record $52.

Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.