American Airlines reports third-quarter 2023 financial results
Source: American Airlines FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2023 financial results, including: Record third-quarter revenue of approximately $13.5 billion. GAAP third-quarter net loss of $545 million, or ($0.83) per diluted share. Excluding net special items1, third-quarter net income of $263 million, or $0.38 per diluted share. Record third-quarter completion factor, best among U.S. network carriers. Ended the third quarter with approximately $13.5 billion of total available liquidity. Reduced total debt2 by $1.4 billion in the third quarter. Credit rating upgraded by Fitch, Moody's and Standard & Poor's during the third quarter. “The American Airlines team continues to produce strong results,” said American’s CEO Robert Isom. “Our team is delivering record-setting reliability [...]