American Airlines Group Inc

For the period ended Mar 31, 2024. Filed Apr 25, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 25, 2024

AAL$14.11-0.4%Stored close · as of Nov 10, 2026

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Contents

Item 1. Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except share and per share amounts)(Unaudited)

	Three Months Ended March 31,
	2024	2023
Operating revenues:
Passenger	$11,458	$11,103
Cargo	187	223
Other	925	863
Total operating revenues	12,570	12,189
Operating expenses:
Aircraft fuel and related taxes	2,980	3,167
Salaries, wages and benefits	3,867	3,281
Regional expenses	1,201	1,142
Maintenance, materials and repairs	884	712
Other rent and landing fees	819	708
Aircraft rent	328	344
Selling expenses	408	438
Depreciation and amortization	470	486
Special items, net	70	13
Other	1,536	1,460
Total operating expenses	12,563	11,751
Operating income	7	438
Nonoperating income (expense):
Interest income	118	125
Interest expense, net	(497)	(540)
Other expense, net	(41)	(6)
Total nonoperating expense, net	(420)	(421)
Income (loss) before income taxes	(413)	17
Income tax provision (benefit)	(101)	7
Net income (loss)	$(312)	$10
Earnings (loss) per common share:
Basic	$(0.48)	$0.02
Diluted	$(0.48)	$0.02
Weighted average shares outstanding (in thousands):
Basic	655,847	652,000
Diluted	655,847	656,707

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.