American Airlines Group Inc ( (AAL) ) has released its Q4 earnings. Here is a breakdown of the information American Airlines Group Inc presented to its investors.
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American Airlines Group Inc., a major player in the global airline industry, operates thousands of flights daily to over 350 destinations worldwide, making it a key member of the oneworld alliance.
American Airlines reported a record fourth-quarter revenue of $13.7 billion and a full-year revenue of $54.2 billion for 2024, showcasing a strong financial performance driven by strategic capacity adjustments and robust demand.
The airline achieved a GAAP net income of $590 million for the fourth quarter and $846 million for the full year, with adjusted net income excluding special items at $609 million and $1.4 billion, respectively. American Airlines successfully reduced its total debt by $15 billion, reaching this target a full year ahead of schedule, and formed an exclusive 10-year co-branded credit card partnership with Citi.
Operationally, American Airlines showed resilience, maintaining high on-time departure and completion factors despite challenging weather conditions. The company also reported record free cash flow of $2.2 billion, bolstering its liquidity position.
Looking forward, American Airlines remains optimistic about its prospects, leveraging its strong network, loyalty programs, and operational reliability. The company expects an adjusted earnings per share of $1.70 to $2.70 for 2025, reflecting a cautiously optimistic outlook in the face of current demand trends and fuel price forecasts.
