Inferra AI / Company / AAL
American Airlines Group Inc.
AAL · Industrials
Last earnings Oct 22, 2026
Key results
Revenuequarter
$13.7 billion
revenue of $13.7 billion Third-quarter GAAP net loss of $114 million, or ($0.17) per diluted share Excluding net special items 1 , third-quarter net loss of $111 million
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Conflicting figures recorded for this item — see “Conflicting figures” below.
Revenue performance American produced third-quarter revenue of $13.7 billion.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Total revenuequarter
3.0%
Q4 24) Total revenue +3.0% to +5.0% (vs.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Forward-looking statements 2 Third-quarter 2025 results met our financial commitments Record third-quarter revenue of $13.7 billion.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
Revenueytd
7%
+7% YTD % contribution to premium revenue ~76%1~74% Active AAdvantage® Accounts ~75% +17% YTD 2023 2024 2025 YTD Q3 Renewed focus on the customer experience 5 New elevated, premium experience of our Flagship Suite® led American s widebody aircraft in customer satisfaction.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
Conflicting figures recorded for this item — see “Conflicting figures” below.
RevenueQ3 2025
74%
+7% YTD % contribution to premium revenue ~76%1~74% Active AAdvantage® Accounts ~75% +17% YTD 2023 2024 2025 YTD Q3 Renewed focus on the customer experience 5 New elevated, premium experience of our Flagship Suite® led American s widebody aircraft in customer satisfaction.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
Conflicting figures recorded for this item — see “Conflicting figures” below.
2024) ~ +3.0% to +5.0% Total revenue (vs.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
AI analysis
Q3 2025 · reported Oct 23, 2025
Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $13.7 billion | — | — |
| Total revenue | 3.0% | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Balance sheet and liquidity The company ended the third quarter with $36.8 billion of total debt 4 and $29.9 billion of net debt 5 .
The company remains on track to achieve its goal of total debt 4 less than $35 billion by the end of 2027.
Event summary
AMERICAN AIRLINES REPORTS THIRD-QUARTER 2025 FINANCIAL RESULTS FORT WORTH, Texas American Airlines Group Inc
Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Balance sheet and liquidity The company ended the third quarter with $36.8 billion of total debt 4 and $29.9 billion of net debt 5 .
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
The company remains on track to achieve its goal of total debt 4 less than $35 billion by the end of 2027.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
All references to total debt include debt, finance and operating lease liabilities and pension obligations.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Net debt is defined as total debt net of unrestricted cash and short-term investments.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
(2) Principally included charges associated with debt refinancings and extinguishments as well as mark-to-market net unrealized gains and losses associated with certain equity investments.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
23, 2025 Page 11 Free Cash Flow The Company's free cash flow summary is presented in the table below, which is a non-GAAP measure that management believes is useful information to investors and others in evaluating the Company's ability to generate cash from its core operating performance that is available for use to reinvest in the business or to reduce debt.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Strategy & priorities
We ve built a strong foundation, with best-in class cost management and a focus on strengthening the balance sheet.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
The company remains focused on executing its strategic priorities and delivering on its revenue potential.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
By the end of this year, the company expects it will have fully restored its share of indirect revenue that was impacted by its former sales strategy.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Such statements include, but are not limited to, statements about the company s plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical facts.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
+7% YTD % contribution to premium revenue ~76%1~74% Active AAdvantage® Accounts ~75% +17% YTD 2023 2024 2025 YTD Q3 Renewed focus on the customer experience 5 New elevated, premium experience of our Flagship Suite® led American s widebody aircraft in customer satisfaction.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
Risks & headwinds
Operational performance The American team delivered a resilient operation in the third quarter, despite a difficult operating environment due to significant weather events and the FAA technology outage in September and associated ATC challenges.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
These forward-looking statements are based on the company s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Risk Factors), and other risks and uncertainties listed from time to time in the company s other filings with the Securities and Exchange Commission.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
FOOTNOTES (1) The 2025 nine month period mainline operating special items, net principally included a one-time charge for adjustments to vacation accruals resulting from pay rate increases effective January 1, 2025, related to the ratification of the contract extension in the fourth quarter of 2024 with our mainline maintenance and fleet service team members and adjustments to litigation reserves.
SEC original ↗American Airlines Group Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Risk Factors ), and other risks and uncertainties listed from time to time in the company s other filings with the Securities and Exchange Commission.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
FOOTNOTES: (1) The 2025 nine month period mainline operating special items, net principally included a one-time charge for adjustments to vacation accruals resulting from pay rate increases effective January 1, 2025, related to the ratification of the contract extension in the fourth quarter of 2024 with our mainline maintenance and fleet service team members and adjustments to litigation reserves.
SEC original ↗American Airlines Group Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2025
Conflicting figures
Revenue
$13.7 billion
“revenue of $13.7 billion Third-quarter GAAP net loss of $114 million, or ($0.17) per diluted share Excluding net special items 1 , third-quarter net loss of $111 million”
7%
“+7% YTD % contribution to premium revenue ~76%1~74% Active AAdvantage® Accounts ~75% +17% YTD 2023 2024 2025 YTD Q3 Renewed focus on the customer experience 5 New elevated, premium experience of our Flagship Suite® led American s widebody aircraft in customer satisfaction.”
74%
“+7% YTD % contribution to premium revenue ~76%1~74% Active AAdvantage® Accounts ~75% +17% YTD 2023 2024 2025 YTD Q3 Renewed focus on the customer experience 5 New elevated, premium experience of our Flagship Suite® led American s widebody aircraft in customer satisfaction.”
Earnings deck slides
0 decks with slide viewAmerican Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
American Airlines Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documentsEarnings releases
14 documentsPresentations
8 documents
Transcripts
0 documentsNo transcripts for American Airlines Group Inc. are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention American Airlines Group Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“…marginal increase in the CET1 ratio from the Q226 USCB sale of the American Airlines (AA) portfolio and acquisition of Best Egg, other significant movements were: • • • • 150bps increase from attributable profit 108bps… …impac”
“lta’s industry leadership Delta people and culture underpin… …Industry Peer set includes, AAL, LUV, UAL INVESTMENT - GRADE BALANCE SHEET DOUBLE DIGIT MARGINS STEADY DIVIDEND GROWTH 6 DURABLE EARNINGS AND CASH FLOW Note: Adjusted for”
United Airlines Holdings (UAL)
“ks, there’s been a lot of commentary about a potential merger between United Airlines and American Airlines. And to be direct, here’s what happened: I approached… …"anticipates," "indicates," "remains," "believes," "estimates," "projects," "forecast”
“revenue based on company filings, company guidance and consensus estimates including DAL, AAL, UAL, LU V 2.1% 6.5% 8.6% 1.3% 4.7% 0% 1% … …Securities Act of 1933 , Section 21E of the Securities Exchange Act of 1934 , and the Private Sec”
See also the earnings calendar for every tracked company’s next earnings date.