Click the button below to download the first-quarter 2023 financial results. View the PDF About American Airlines Group To Care for People on Life’s Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock i...
Presenting its best-ever fourth quarter and record profitability of nearly $53B for the full year 2023, American Airlines Group Inc. (NASDAQ:AAL) is flying-high as a top growth and value stock. AAL gained momentum after reportingearningsresultsand guidance that impressed Wall Street in January. ...
The American Airlines team continues to produce strong operational results and demonstrate its resilience in recovering from irregular operations, as evidenced by its second-quarter performance, despite significant storms that impacted several key hubs in May and June. The airline also delivered a fantast...
Thanks, Scott, and good morning, everyone. American is off to a fantastic start in 2023. This year, we remain focused on reliability, profitability, strengthening our balance sheet and holding ourselves accountable along the way. This morning, American reported a first-quarter profit for the firs...
AMERICAN AIRLINES GROUP INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In millions, except share and par value amounts) September 30, 2024 December 31, 2023 (Unaudited) ASSETS Current assets Cash $ 834 $ 578 Short-term investments 7,638 7,000 Restricted cash and short-term investments 752...
“Our priorities for this year are clear: Run a reliable operation and return to profitability,” said American’s CEO Robert Isom. “The outstanding progress we’ve made is only possible because of the amazing efforts of the American Airlines team and we’re optimistic about the continued reco...
Reports on the performance of American Airlines. Falling back behind United Airlines in terms of revenue passenger miles in 1993; Threat from the Southwest Airlines and other short-haul, no-frills carriers; Cost-cutting strategy; Workforce; Marketing strategy. INSET: Corporate close-up: American...
AA has simply realized over a decade after the merger with US that they do not have the network do compete w/ DL/Skyteam and UA/Star to continental Europe or across the Pacific where DL and UA both bought into the region and have turned their presence there into decent profitability. DL...
AirAsiais another carrier that has managed capacity effectively by balancing the need for higher load factors to drive profitability with having enough aircraft in service to capture the strong demand still running in Asia. In 2023, the AirAsia Aviation Group reached 77% of its pre-COVID passenger...
In the past week,American Airlines,Southwest AirlinesandJetBlue Airwaysprovided improved projections for the fourth quarter of 2024. Buoyant air travel demand and improved pricing led to healthy guidance. Lower capacity has also been boosting profitability. ...