WS Investor
23 Jan 2025, 13:34
AMERICAN AIRLINES REPORTS FOURTH-QUARTER AND FULL-YEAR 2024 FINANCIAL RESULTS
FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including:
•Record fourth-quarter revenue of $13.7 billion and record full-year revenue of $54.2 billion
•Fourth-quarter and full-year GAAP net income of $590 million and $846 million, or $0.84 and $1.24 per diluted share, respectively
•Excluding net special items1, fourth-quarter and full-year net income of $609 million and $1.4 billion, or $0.86 and $1.96 per diluted share, respectively
•Generated $4 billion in full-year operating cash flow and record full-year free cash flow2 of $2.2 billion
•Announced an exclusive 10-year co-branded credit card partnership with Citi, which is expected to unlock even more value for AAdvantage® co-branded and Citi-branded cardmembers
•Achieved total debt3 reduction goal of $15 billion from peak levels — a full year ahead of schedule
FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including:
•Record fourth-quarter revenue of $13.7 billion and record full-year revenue of $54.2 billion
•Fourth-quarter and full-year GAAP net income of $590 million and $846 million, or $0.84 and $1.24 per diluted share, respectively
•Excluding net special items1, fourth-quarter and full-year net income of $609 million and $1.4 billion, or $0.86 and $1.96 per diluted share, respectively
•Generated $4 billion in full-year operating cash flow and record full-year free cash flow2 of $2.2 billion
•Announced an exclusive 10-year co-branded credit card partnership with Citi, which is expected to unlock even more value for AAdvantage® co-branded and Citi-branded cardmembers
•Achieved total debt3 reduction goal of $15 billion from peak levels — a full year ahead of schedule
