American Airlines reports third-quarter 2024 financial results
Source: American Airlines American Airlines Group Inc. today reported its third-quarter 2024 financial results, including: Record third-quarter revenue of $13.6 billion. Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items1, third-quarter net income of $205 million, or $0.30 per diluted share. Led U.S. network carriers in third-quarter completion factor. Ended the third quarter with $11.8 billion of total available liquidity. On track to reduce total debt2 from peak levels by $15 billion by year-end 2025. Full-year adjusted earnings per diluted share3 expected to be between $1.35 and $1.60. “The American Airlines team continues to focus on running a reliable operation and managing costs across the airline,” said American’s CEO Robert Isom. “We have taken aggressive [...]