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Mar 31, 2024
American Airlines Q1 2024 Earnings Report
American Airlines reported first quarter 2024 financial results.
Key Takeaways
American Airlines reported a record first-quarter revenue of approximately $12.6 billion. The company had a net loss of $312 million, or ($0.48) per diluted share, but generated $2.2 billion in operating cash flow and $1.4 billion in free cash flow. The company reduced total debt by nearly $950 million in the first quarter.
Record first-quarter revenue of approximately $12.6 billion was achieved.
First-quarter net loss was $312 million, or ($0.48) per diluted share.
Best-ever first-quarter completion factor was achieved.
Operating cash flow of $2.2 billion and free cash flow of $1.4 billion were generated in the first quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Based on present demand trends and the current fuel price forecast and excluding the impact of special items, the company expects its second-quarter 2024 adjusted earnings per diluted share to be between $1.15 and $1.45. The company continues to expect its full-year adjusted earnings per diluted share to be between $2.25 and $3.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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