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.
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.
Visualization of income flow from segment revenue to net income