American Airlines Q2 2022 Earnings Report
Key Takeaways
American Airlines reported a record second-quarter revenue of $13.4 billion, a 12.2% increase over the same period in 2019, despite flying 8.5% less capacity. The company achieved net income of $476 million, or $0.68 per diluted share, and ended the quarter with $15.6 billion in total available liquidity. American continues to execute its plan to pay down approximately $15 billion of total debt by the end of 2025.
Second-quarter net income of $476 million, or $0.68 per diluted share. Excluding net special items, second-quarter net income of $533 million, or $0.76 per diluted share.
Record second-quarter revenue of $13.4 billion, which represents a 12.2% increase over the same period in 2019, despite flying 8.5% less capacity.
Ended the second quarter with $15.6 billion of total available liquidity.
Company continues to execute on its plan to pay down approximately $15 billion of total debt by the end of 2025.
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Forward Guidance
Based on current trends, the company expects its third-quarter total revenue to be 10% to 12% higher versus the third quarter of 2019 on 8% to 10% lower capacity. Based on these demand trends and the current fuel price forecast, the company expects to be profitable in the third quarter.
Revenue & Expenses
Visualization of income flow from segment revenue to net income