American Airlines targets 2026 revenue growth as premium push drives recovery

American Airlines forecast 7-10% first-quarter 2026 revenue growth versus 2025 and about a $2 mid-point increase in adjusted EPS for 2026, even after Q4 revenue was hit by roughly $325 million from the government shutdown. Q4 revenue came in at $14 billion with adjusted EPS of $0.16 (vs $0.34 expected); a winter storm also trimmed 2026 capacity guidance by about 1.5 percentage points and shed $150-200 million in revenue. The carrier is betting on strong premium demand and ongoing investments in product, fleets and loyalty to narrow the profitability gap with Delta and United.