American Airlines Group, Inc. reported its first quarter 2024 financial results today with a net loss of $312 million, or ($0.48) per share. First-quarter revenues set a record for the carrier at $12.57 billion, up 3.1% year-over-year, and the company…
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It might be a tiny $10 million net profit, but American Airlines outperformed its main US rivals United Airlines and Delta Air Lines by producing a Q1 profit against their losses. Excluding special items, the profit would have been $33 million. The net…
American Airlines’ predictions for a strong Q4 of FY2022 came true, as it produced a good final three months with an $803 million net profit for the December quarter. But the full-year profit of $127 million has been affected by the…
American Airlines joins the other US Big Two by reporting record-high revenues in Q3, outpacing 2019 levels by thirteen percent despite a 9.6 percent lower capacity. It is even the highest quarterly revenue in the history of the airline. American…