American Airlines Q3 2024 Earnings Report
Key Takeaways
American Airlines reported a record third-quarter revenue of $13.6 billion, a net loss of $149 million, and ended the quarter with $11.8 billion in total available liquidity. The airline is on track to reduce total debt from peak levels by $15 billion by year-end 2025 and expects full-year adjusted earnings per diluted share to be between $1.35 and $1.60.
Achieved record third-quarter revenue of $13.6 billion.
Reported a third-quarter net loss of $149 million, or ($0.23) per share.
Led U.S. network carriers in third-quarter completion factor.
Ended the third quarter with $11.8 billion of total available liquidity.
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Forward Guidance
The company expects its fourth-quarter 2024 adjusted earnings per diluted share to be between $0.25 and $0.50 and now expects its full-year 2024 adjusted earnings per diluted share to be between $1.35 and $1.60.
Revenue & Expenses
Visualization of income flow from segment revenue to net income