

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.

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

Airline shares are rallying Thursday after Southwest Airlines Co. (NYSE:LUV) beat Wall Street's third-quarter estimates.

A record quarter wasn't enough to offset a fuel bill that has now pushed a major U.S. network carrier toward a full-year loss. American Airlines Group (NASDAQ:AAL | AAL Price Prediction) stock is at $11.

American Airlines climbed alongside sector peers on Oct. 21, 2026, as United's upbeat outlook reignited investor appetite for the group.

Record revenue momentum is beating back a steep fuel bill at United Airlines Holdings (NASDAQ:UAL | UAL Price Prediction), and United Airlines shares are pulling far ahead of the carrier's biggest rivals. United Airlines stock has climbed 6%, hitting $103.

Airline stocks are rising Wednesday in sympathy with United Airlines, after the carrier issued fourth-quarter revenue guidance above analyst estimates.

Airline stocks are climbing Tuesday as crude oil slips, while investors brace for United Airlines' third-quarter report after the close, a release that could set the tone for the entire sector.