American Airlines Q1 2023 Earnings Report
Key Takeaways
American Airlines reported a first-quarter net income of $10 million, or $0.02 per diluted share, and a record first-quarter revenue of $12.2 billion, a 37% increase year over year. The company generated record operating and free cash flow of $3.3 billion and $3.0 billion, respectively, and ended the quarter with $14.4 billion of total available liquidity.
Reported first-quarter net income of $10 million, or $0.02 per diluted share.
Achieved record first-quarter revenue of $12.2 billion, a 37% increase year over year.
Generated record operating cash flow of $3.3 billion and record free cash flow of $3.0 billion in the first quarter.
Ended the quarter with $14.4 billion of total available liquidity.
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Forward Guidance
American expects its second-quarter 2023 adjusted earnings per diluted share to be between $1.20 and $1.40 and continues to expect its full-year 2023 adjusted earnings per diluted share to be between $2.50 and $3.50.
Revenue & Expenses
Visualization of income flow from segment revenue to net income