DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
May 18, 2024
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American Airlines reported record-high revenues of $53 billion and a $822 million net profit for 2023. This compares to $127 million in 2022, which is $1.9 billion without special items and corresponds with a 5.7 percent operating margin. The numbers al lower than those reported by Delta and United Airlines.

Revenues of $52.8 billion were up from $49 billion year on year, with passenger revenues up 8.8 percent to $48.5 billion and other revenues by 9.3 percent to $3.5 billion. Cargo income saw a 34.1 percent drop to $812 million.

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Richard Schuurman
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016. Richard is contributing to AirInsight since December 2018. He also writes for Airliner World, Aviation News, Piloot & Vliegtuig, and Luchtvaartnieuws Magazine. Twitter: @rschuur_aero.