American Airlines Q4 2020 Earnings Report
Key Takeaways
American Airlines reported a fourth-quarter revenue of $4.0 billion, a 64% decrease year-over-year. The company experienced a net loss of $2.2 billion, or ($3.81) per share. Despite the challenges, American Airlines focused on cost-saving measures and improving liquidity, ending the quarter with $14.3 billion in available liquidity.
American Airlines reported fourth-quarter revenue of $4.0 billion, down 64% year over year.
The company's fourth-quarter net loss was $2.2 billion, or ($3.81) per share.
American Airlines ended the fourth quarter with approximately $14.3 billion of total available liquidity.
The company incorporated more than $1.3 billion of permanent non-volume, non-fuel efficiency cost-saving measures into its 2021 operating plan.
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Forward Guidance
The company expects its first-quarter system capacity to be down 45%, with total revenue expected to be down 60 to 65% compared to the first quarter of 2019.
Revenue & Expenses
Visualization of income flow from segment revenue to net income