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Dec 31, 2021

American Airlines Q4 2021 Earnings Report

American Airlines experienced a challenging planning environment due to the volatility of travel demand caused by COVID-19 variants, yet delivered strong operational performance and ended the quarter with high liquidity.

Key Takeaways

American Airlines reported a fourth-quarter revenue of $9.4 billion, a net loss of $931 million, and ended the year with $15.8 billion in total available liquidity. The airline safely transported more than 165 million passengers in 2021, more than any other U.S. carrier.

American Airlines reported fourth-quarter revenue of $9.4 billion, down 17% versus the same period in 2019.

The company had a fourth-quarter net loss of $931 million, or ($1.44) per share.

American Airlines safely transported more than 165 million passengers in 2021, more than any other U.S. carrier.

The company ended the fourth quarter with $15.8 billion of total available liquidity.

Total Revenue
$9.43B
Previous year: $4.03B
+134.1%
EPS
-$1.42
Previous year: -$3.86
-63.2%
Yield
$17.1
Previous year: $0.15
+11321.9%
Total revenue per ASM
$15.4
Previous year: $0.121
+12631.0%
Avg fuel price
$2.36
Previous year: $1.27
+85.8%
Gross Profit
$764M
Previous year: -$1.86B
-141.2%
Cash and Equivalents
$408M
Previous year: $399M
+2.3%
Total Assets
$66.5B
Previous year: $62B
+7.2%

American Airlines

American Airlines

American Airlines Revenue by Segment

American Airlines Revenue by Geographic Location

Forward Guidance

American Airlines expects its first-quarter capacity to be down approximately 8% to 10% compared to the first quarter of 2019. The company expects its first-quarter total revenue to be down approximately 20% to 22% versus the first quarter of 2019.

Revenue & Expenses

Visualization of income flow from segment revenue to net income