American Airlines Group Inc NASDAQ:AAL Price, Chart, News & Insight

# Boeing and American Airlines Complete First 737 MAX Landing Gear Exchange

Boeing and American Airlines completed the first landing gear exchange for a 737 MAX, marking the expansion of Boeing’s longstanding Landing Gear Exchange Program to its latest-generation single-aisle aircraft.

Under the program, Boeing supplies fully overhauled and certified main and nose landing gear assemblies that arrive ready for installation. The approach is designed to reduce aircraft-on-ground time and allow airlines to avoid purchasing and storing expensive spare landing gear.

The first exchange with American Airlines also validated the full process, including overhaul, certification, documentation and delivery. Boeing said the model can help operators shorten maintenance downtime, reduce spare-parts requirements and better align major maintenance with fleet operations.

Boeing now plans to expand global overhaul capacity and work with certified maintenance partners to increase availability. Near-term priorities include building a larger inventory of 737 MAX-compatible exchange equipment and adding forward-exchange slots closer to airline operations.

The initiative could also strengthen Boeing’s aftermarket services business as the global 737 MAX fleet expands and more aircraft move into heavier maintenance cycles.

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WS Investor 09-14-26

American Airlines Group Inc. reported record revenues for both the fourth quarter and full year 2025, despite profitability being pressured by a U.S. government shutdown late in the year. Fourth-quarter revenue reached a record $14.0 billion, while full-year revenue totaled $54.6 billion. The shutdown reduced fourth-quarter revenue by about $325 million, contributing to GAAP net income of $99 million for the quarter and $111 million for the year.

Excluding special items, American posted adjusted net income of $106 million in the fourth quarter and $237 million for full-year 2025. The company reduced total debt by $2.1 billion during the year and ended 2025 with $9.2 billion in available liquidity. Premium products continued to outperform, bookings strengthened into early 2026, and revenue intakes for the first weeks of the year are up double digits year over year.

Looking ahead, American expects a strong improvement in 2026, guiding for adjusted earnings per share of $1.70 to $2.70 and free cash flow above $2 billion. Management said investments in customer experience, network strength, fleet upgrades and loyalty partnerships position the airline for meaningful upside, even as first-quarter guidance reflects temporary impacts from severe winter weather.

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European Investor 01-27-26

American Airlines secures 1.1 billion dollars in aircraft financing through new pass-through trust structure

American Airlines entered into a major financing agreement on November 12, 2025, enabling the future issuance of 1.10 billion dollars in equipment notes to fund deliveries of 25 new aircraft scheduled through early 2026. The notes will be secured by a mix of Boeing 737 MAX 8, Boeing 787-9, Airbus A321-XLR and Embraer 175 aircraft.

The financing structure uses Class A and Class B Pass Through Certificates, sold to investors on October 28, with proceeds now held in escrow until aircraft are delivered and the equipment notes are issued. Series A notes will carry interest of 4.900 percent, while Series B notes will carry 5.650 percent, with maturities through 2038 for Series A and 2034 for Series B.

The funds remain deposited with Sumitomo Mitsui Banking Corporation and are supported by liquidity facilities from Natixis covering three semiannual interest payments for each class.

Payments on the notes will begin on May 11, 2026. The notes will be secured by liens on each aircraft and cross-collateralized across the full pool, with acceleration provisions in the event of default or bankruptcy.

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European Investor 11-13-25

American Airlines Prices $1.1 Billion Enhanced Equipment Trust Certificates

American Airlines (NASDAQ: AAL) announced the pricing of two tranches of enhanced equipment trust certificates totaling approximately $1.1 billion, comprising $883.6 million of Class A and $220.9 million of Class B certificates. The offering, dated October 28, 2025, is supported by aircraft collateral and structured through underwriting agreements with J.P. Morgan Securities and Deutsche Bank Securities.

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The Investor 10-29-25

American Airlines Reports Record Q3 Revenue but Posts Modest Loss, Reaffirms Strong 2025 Outlook

American Airlines Group Inc. (NASDAQ: AAL) reported its third-quarter 2025 results, achieving record quarterly revenue but recording a small net loss as it continues to prioritize cost discipline and balance sheet improvement.

The company generated record revenue of $13.7 billion, while reporting a GAAP net loss of $114 million, or ($0.17) per share. Excluding special items, the adjusted net loss was $111 million, also ($0.17) per share. For the fourth quarter, American expects adjusted EPS between $0.45 and $0.75, with full-year adjusted EPS projected at $0.65 to $0.95. Full-year free cash flow is forecast to exceed $1 billion.

CEO Robert Isom praised the airline’s operational resilience and focus on “best-in-class cost management,” adding that continued investments in network expansion, customer experience, and loyalty programs will drive future revenue growth.

Revenue and Operations
Unit revenues improved sequentially throughout the quarter, with September showing positive year-over-year growth. Premium cabin performance continued to outpace the main cabin. The carrier expects to fully restore its indirect revenue share by year-end and aims to expand beyond historical levels through enhanced distribution channels.

Loyalty and Partnerships
The airline’s AAdvantage® program saw strong engagement, with active accounts rising 7% year-over-year, while co-branded credit card spending increased 9%. American plans to launch an expanded exclusive partnership with Citi in January 2026.

Customer Experience Enhancements
American announced major service upgrades, including new Flagship® Lounges in Miami and Charlotte, expanded Admirals Club® facilities, and deployment of Flagship Suite® seats on Boeing 787-9 aircraft—soon extending to Airbus A321XLRs. Additional enhancements include partnerships with Lavazza Coffee and Champagne Bollinger, plus upgraded onboard amenities.

Financial Position
The airline ended the quarter with $36.8 billion in total debt and $29.9 billion in net debt, maintaining progress toward its target of reducing total debt below $35 billion by 2027. Liquidity stood at $10.3 billion, including cash, short-term investments, and available credit lines.
Despite weather disruptions and an FAA system outage, American maintained operational stability and quick recovery during the quarter. With strong cash flow, disciplined execution, and continued customer-focused investments, the airline remains positioned to deliver profitable growth and enhanced shareholder value in 2026 and beyond.

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Global Finance News 10-23-25

American Airlines Q2 2025: Record Revenue, Strong Performance, Soft Outlook

American Airlines (NASDAQ: AAL) reported record second-quarter revenue and strong operational execution, while projecting a cautious earnings outlook for the remainder of the year.

Q2 2025 Highlights:
• Revenue: $14.4 billion (record high)
• GAAP Net Income: $599 million ($0.91/share)
• Adjusted Net Income: $628 million ($0.95/share)
• Operating Margin: ~8%
• Total Liquidity: $12 billion
• Free Cash Flow (H1): $2.5 billion
• Total Debt: $38 billion; Net Debt: $29 billion

Business & Operational Updates:
• Premium cabin and long-haul international travel remained strong.
• Passenger unit revenue rose YoY across all international segments;
Atlantic region up 5%.
• AAdvantage loyalty program saw 7% growth in active accounts; co-branded card spend rose 6%.
• New upgrades include mileage payments for instant upgrades and expanded lounge access.
• Weather-related disruptions rose 36%, but recovery and tech investments mitigated impact.

Outlook:
• Q3 2025 EPS Guidance: ($0.10) to ($0.60)
• Full-Year EPS Guidance: ($0.20) to $0.80
• Forecast midpoint: $0.30, dependent on domestic demand stability.

CEO Robert Isom emphasized confidence in long-term strategy execution, citing fleet modernization, network investments, and loyalty gains.

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WS Investor 07-25-25

American Airlines Shareholders Approve All Management Proposals at 2025 Annual Meeting

At its Annual Meeting held on June 11, 2025, American Airlines Group Inc. shareholders voted on five proposals, all detailed in the company’s April 28 proxy statement. All management-backed proposals were approved, while one stockholder proposal was rejected.

Key Voting Outcomes:

Director Elections:
All 12 nominees were re-elected to the board by wide margins. The highest support was received by Kathryn Farmer and Robert Isom, each with over 276 million votes in favor.

Auditor Ratification:
KPMG LLP was ratified as the independent public accounting firm for fiscal year 2025 with 437.3 million votes in favor.

Executive Compensation:
The advisory vote on named executive officer pay passed with over 270 million votes (approx. 95% of non-broker votes) supporting compensation practices.

Tax Benefit Preservation Plan Amendment:
Stockholders approved Amendment No. 1 to the Company’s existing Tax Benefit Preservation Plan with 274.4 million votes in favor, helping protect tax assets.

Shareholder Proposal Rejected:
A proposal to end participation in the Human Rights Campaign’s Corporate Equality Index failed overwhelmingly, with only 5.8 million votes in favor versus 273 million against.

All approved items affirm continued shareholder confidence in management’s direction, corporate governance, and equity stewardship.

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M

ME NEWS 06-12-25

American Airlines Q1 2025 Financial Summary

- Revenue: $12.6 billion (flat year-over-year)
- GAAP net loss: $473 million or ($0.72) per share
- Adjusted net loss (excluding special items): $386 million or ($0.59) per share
- Operating margin: (2.2%) GAAP, (1.6%) adjusted
- Free cash flow: $1.7 billion
- Total available liquidity: $10.8 billion
- Debt reduction in Q1: $1.2 billion; down $16.6 billion from 2021 peak

**Revenue and Demand**
- Total unit revenue up 0.7% YoY
- International revenue strength (up 2.9%) offset domestic weakness
- Passenger revenue: $11.4 billion
- Cargo revenue: $189 million
- AAdvantage® loyalty card spending up 8%, enrollments up 6%

**Costs and Operations**
- Total operating expenses: $12.82 billion (up 2.1%)
- Fuel cost per gallon down 13.3% to $2.48
- CASM excluding fuel and special items: 14.54¢ (up 7.8%)
- Headcount: 133,100 (flat YoY)
- Departures increased 3.7%, mainly from regional growth
- Load factor: 80.6% (down 0.9 pts)
- Yield: 20.21¢ (up 1.4%)

**Regional Revenue Breakdown**
- Domestic revenue: $8.13 billion (down 1.6%)
- International revenue: $3.26 billion (up 2.1%)
- Pacific region revenue grew 30.2%
- Atlantic region revenue fell 2.7% despite improved load factor and yield
- Latin America revenue was flat

**Cash Flow and Balance Sheet**
- Operating cash flow: $2.46 billion
- Investing cash flow: ($1.2 billion)
- Financing cash flow: ($1.2 billion)
- Ending cash: $931 million
- Total assets: $62.6 billion
- Stockholders’ deficit: $4.5 billion

**Outlook**
- Q2 2025 adjusted EPS forecast: $0.50–$1.00
- Full-year guidance withdrawn due to economic uncertainty
- Targeting total debt under $35 billion by end of 2027

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Global Finance News 04-25-25

American Airlines updated its financial and operational outlook at the 2025 J.P. Morgan Industrials Conference. The company revised its first-quarter 2025 guidance, citing weaker-than-expected revenue due to the impact of Flight 5342 and softness in the domestic leisure segment, particularly in March. First-quarter total revenue is now expected to be flat compared to the first quarter of 2024, a downgrade from the previous expectation of a 3% to 5% increase.

The airline also adjusted its expected first-quarter adjusted loss per diluted share to a range of ($0.60) to ($0.80), compared to the prior forecast of ($0.20) to ($0.40). Available seat miles and cost per available seat mile (excluding fuel and special items) remain unchanged from previous guidance.

The company noted that these adjustments reflect a challenging revenue environment but continues to monitor and adapt to market conditions. It also emphasized that these forecasts include certain non-GAAP measures, excluding net special items. American Airlines reiterated that forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projections.

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WS News 03-11-25

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

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WS Investor 01-23-25

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