reports
American Airlines Reports First-Quarter 2024 Financial Results
American Airlines Reports First-Quarter 2024 Financial Results FORT WORTH, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2024 financial results, including: Record first-quarter revenue of approximately $12.6 billion.First-quarter net loss of $312 million, or ($0.48) per diluted share. Excluding net special items1, first-quarter net loss of $226 million, or ($0.34) per diluted share.Achieved best-ever first-quarter completion factor. Generated operating cash flow of $2.2 billion and free cash flow2 of $1.4 billion in ...
American Airlines to present at 2024 J.P. Morgan Industrials Conferenc...
American Airlines to present at 2024 J.P. Morgan Industrials Conference FORT WORTH, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) CEO Robert Isom will present at the 2024 J.P. Morgan Industrials Conference on Tuesday, March 12, at 8:15 a.m. CT. A live webcast of the conference will be available at . About American Airlines GroupTo Care for People on Life’s Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about what's happening at American by v...
American Airlines places orders for Airbus, Boeing and Embraer aircraf...
American Airlines places orders for Airbus, Boeing and Embraer aircraft American orders 85 Airbus A321neo, 85 Boeing 737 MAX 10 and 90 Embraer E175 aircraft.Orders enable American to upgauge aircraft on domestic and short-haul international routes and offer more premium seats than any other U.S. airline.American expects to remain within its previously announced guidance for capacity and capital expenditures inclusive of the aircraft orders.With growing customer demand for a premium travel experience, American will retrofit its A319 and A320 fleets beginning in 2025, increasing the number of...
American Airlines to detail strategy for long-term growth and value cr...
American Airlines to detail strategy for long-term growth and value creation at 2024 Investor Day American will highlight how it’s delivering on its commitments and outline the company’s plan to grow margins and generate sustainable free cash flow FORT WORTH, Texas, March 04, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) will host its 2024 Investor Day at 1 p.m. ET today in New York. American’s CEO Robert Isom and other senior leaders will provide an update on the airline’s performance and its path forward for long-term value creation. “I’m incredibly proud of t...
American Airlines Group to webcast Investor Day presentation
American Airlines Group to webcast Investor Day presentation FORT WORTH, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) Chief Executive Officer Robert Isom and senior leadership will present at the company’s 2024 Investor Day on Monday, March 4, from noon CT until approximately 3 p.m. CT. A live webcast of the presentation will be available at . About American Airlines GroupTo Care for People on Life's Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company's stock is included in the S&P 500. Learn mor...
American Airlines reports fourth-quarter and full-year 2023 financial ...
American Airlines reports fourth-quarter and full-year 2023 financial results FORT WORTH, Texas, Jan. 25, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2023 financial results, including: Record full-year revenue of approximately $53 billion.GAAP fourth-quarter and full-year net income of $19 million and $822 million, or $0.03 and $1.21 per diluted share, respectively.Excluding net special items1, fourth-quarter and full-year net income of $192 million and $1.9 billion, or $0.29 and $2.65 per diluted share, resp...
American Airlines Group announces webcast of fourth-quarter and full-y...
American Airlines Group announces webcast of fourth-quarter and full-year 2023 financial results FORT WORTH, Texas, Jan. 11, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its fourth-quarter and full-year 2023 financial results conference call with financial analysts and journalists on Thursday, Jan. 25, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at . An archive of the call will be available on the website through Feb. 25. About American Airlines GroupTo Care for People on Life’s Journey®. Shares ...
American Airlines Named to Dow Jones Sustainability World Index
American Airlines Named to Dow Jones Sustainability World Index FORT WORTH, Texas, Dec. 11, 2023 (GLOBE NEWSWIRE) -- American Airlines has been named to the Dow Jones Sustainability World Index (DJSI World) for the first time, one of only two passenger airlines included in the Index. American also returns to the Dow Jones Sustainability North America Index (DJSI North America) for the third year in a row. The Dow Jones Sustainability World Index comprises global sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment. It represents the top 10% o...
eFuels Leader Infinium Receives $75M Equity Commitment from Breakthrou...
eFuels Leader Infinium Receives $75M Equity Commitment from Breakthrough Energy Catalyst for Investment in Project Roadrunner Investment will enable availability of SAF under innovative fuel offtake agreement with American Airlines, with financial support from Citi FORT WORTH, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Infinium and Breakthrough Energy Catalyst today announced a $75 million project equity investment commitment to support Infinium’s Project Roadrunner, subject to the satisfaction of certain closing conditions. Project Roadrunner will convert waste carbon dioxide (CO2) and re...
Graphyte signs first carbon removal purchase agreement with American A...
Graphyte signs first carbon removal purchase agreement with American Airlines 10,000 tons of carbon dioxide removal will be delivered using new Carbon Casting technology MEMPHIS, Tenn. and FORT WORTH, Texas, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Graphyte, a carbon removal startup backed by Breakthrough Energy Ventures, today announced that American Airlines will be its inaugural customer, with the purchase of 10,000 tons of permanent carbon removal to be delivered in early 2025. Graphyte’s Carbon Casting process leverages readily available biomass, efficient processing and stat...
American Airlines Announces Pricing of Senior Secured Notes
American Airlines Announces Pricing of Senior Secured Notes FORT WORTH, Texas, Nov. 17, 2023 (GLOBE NEWSWIRE) -- American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Parent”)(NASDAQ: AAL), today announced that it priced $1.0 billion aggregate principal amount of its 8.50% senior secured notes due 2029 (the “Notes”), representing an upsize of $250.0 million from the previously announced offering amount. The Notes will have an interest rate of 8.50% per annum and are being issued at par. Concurrent with the issuance of the Notes, the Company also expec...
Moody's assigns Ba2 rating to American Airlines' new senior secured no...
Moody's Investors Service ("Moody's") assigned a Ba2 rating to the new backed senior secured notes that American Airlines, Inc. ("American") launched earlier today. The new notes will mature in May 2029. American will use the proceeds of the notes, along with the proceeds of the new $750 million ter...
American Airlines Announces Proposed Offering of Senior Secured Notes ...
American Airlines Announces Proposed Offering of Senior Secured Notes and New Term Loan FORT WORTH, Texas, Nov. 16, 2023 (GLOBE NEWSWIRE) -- American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Parent”)(NASDAQ: AAL), today announced a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2029 (the “Notes”). The Company also announced it intends to borrow up to $750 million in aggregate principal amount of term loans (the “Term Loan”) under a new senior secured credit facility. The Company expects to use the...
American Airlines reports third-quarter 2023 financial results
American Airlines reports third-quarter 2023 financial results FORT WORTH, Texas, Oct. 19, 2023 (GLOBE NEWSWIRE) -- 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 ...
American Airlines Group announces webcast of third-quarter 2023 financ...
American Airlines Group announces webcast of third-quarter 2023 financial results FORT WORTH, Texas, Oct. 05, 2023 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its third-quarter 2023 financial results conference call with financial analysts and journalists on Thursday, Oct. 19, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at . An archive of the call will be available on the website through Nov. 19. About American Airlines GroupTo Care for People on Life’s Journey®. Shares of American Airlines Group Inc...
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