American Airlines Q4 2023 Earnings Report
Key Takeaways
American Airlines reported a decrease in fourth-quarter net income to $19 million, or $0.03 per diluted share, compared to $803 million in the same period last year. Excluding net special items, net income was $192 million, or $0.29 per diluted share. The company generated revenue of more than $13 billion and reduced total debt by more than $500 million in the fourth quarter.
American Airlines reported a GAAP fourth-quarter net income of $19 million, or $0.03 per diluted share.
Excluding net special items, fourth-quarter net income was $192 million, or $0.29 per diluted share.
The company generated revenue of more than $13 billion in the fourth quarter.
American reduced total debt by more than $500 million in the fourth quarter and $3.2 billion in 2023.
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Forward Guidance
The company expects its first-quarter 2024 adjusted loss per diluted share to be between ($0.15) and ($0.35). American expects its full-year 2024 adjusted earnings per diluted share to be between $2.25 and $3.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income