Aviation Intelligence Database · Airline profile
Airline profile
Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.
At a glance
Latest reported period
Trends
Performance over time
Headline metrics and the gap between unit revenue and unit cost, FY2022 to the latest period.
Metrics
Full-year history
Analysis
What the numbers say
More detail
Additional disclosures
Guidance vs actual
Did the airline deliver?
What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.
Fleet & orders
Fleet composition
Key events
What moved the numbers
Peers
Compare with peers
FAQ
Frequently asked questions
Methodology
How to read this page
Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. The first 14 rows are the metrics used in the Airline Comparison tool.
- Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
- Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
- YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
- Operating margin is operating result ÷ revenue unless the company defines its own margin (marked D).
- Sources: annual reports, interim results and traffic statements. See Data & Research.
Text version of the American Airlines data on this page
American Airlines data snapshot
- Scope: American Airlines Group Inc.
- Region: North America
- Business model: Network carrier
- Financial year end: 31 Dec
- Reporting currency: USD
- Source: Q2 2026 results
- Latest period: Q2 2026
- Last updated: 2026-09-24
Latest read
American’s revenue and unit revenue accelerated in Q2 2026, while the multi-year record shows operating margins narrowing since 2023. Capacity grew faster than passenger traffic in the latest quarter, and the gap between unit revenue and total unit cost remains a key measure.
Reported metrics by period
Annual results
- FY2025 (year ended 31 Dec): Revenue: $54.63bn; Operating profit / result: $1.47bn operating income; Load factor: 83.6%; RASK / yield: 18.25¢ TRASM; CASK ex-fuel: 17.76¢ CASM; Fleet size: 1,580 aircraft (Year end); Net profit: $0.56bn net income.
- FY2024 (year ended 31 Dec): Revenue: $54.21bn; Operating profit / result: $2.61bn operating income; Load factor: 84.9%; RASK / yield: 18.51¢ TRASM; CASK ex-fuel: 17.61¢ CASM; Net profit: $1.26bn net income.
- FY2023 (year ended 31 Dec): Revenue: $52.79bn; Operating profit / result: $3.03bn operating income; Load factor: 83.5%; RASK / yield: 19.01¢ TRASM; CASK ex-fuel: 17.92¢ CASM; Net profit: $1.19bn net income.
Quarterly and interim results
- Q2 2026 (Q2 2026 · quarter ended 30 Jun): Revenue: $16.74bn; Operating profit / result: $446m operating income; Load factor: 83.2%; RASK / yield: 20.45¢ TRASM; CASK ex-fuel: 19.90¢ CASM; Fleet size: 1,609 mainline aircraft (At 30 Jun 2026); Operating margin: 2.7% (Operating income ÷ operating revenue) [Calculated]; Capacity / ASK: 81.843bn ASM (Quarter); Cash / liquidity: $11.3bn liquidity (At 30 Jun 2026) [Defined]. Source: American Airlines Q2 2026 Form 10-Q.
Guidance versus actual
| Period | Metric | Guided | Actual | Outcome / note |
|---|---|---|---|---|
| FY2026 | Available seat miles | +3–5% | — | Pending · Full-year capacity outlook. |
Fleet
Total fleet: 1580 aircraft (as of FY2025). American reported FY2026 ASM growth guidance of 3–5%.
| Fleet fact | Value | Context |
|---|---|---|
| Available liquidity | $11.3bn | Latest reported |
| Daily flights | 6,000+ | Company profile |
| Destinations | 350+ | Company profile |
| FY2025 net debt | $30.7bn | Year end |
Reported financial history
US$ billion unless stated otherwise. Operating margin is calculated as operating income divided by revenue.
| Year | Operating revenue | Operating income | Operating margin* | Net income |
|---|---|---|---|---|
| 2023 | 52.79 | 3.03 | 5.7% | 1.19 |
| 2024 | 54.21 | 2.61 | 4.8% | 1.26 |
| 2025 | 54.63 | 1.47 | 2.7% | 0.56 |
*Operating margin is calculated as operating income divided by operating revenue.
Traffic and unit economics
Traffic and unit measures use American’s reported units. CASM-ex excludes fuel, net special items and profit sharing.
| Year | RPM | ASM | Load factor | Yield | PRASM | TRASM | CASM | Fuel / gal. | Fleet |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 231.93bn | 277.72bn | 83.5% | 20.92¢ | 17.47¢ | 19.01¢ | 17.92¢ | $2.96 | 1,521 |
| 2024 | 248.80bn | 292.95bn | 84.9% | 19.93¢ | 16.93¢ | 18.51¢ | 17.61¢ | $2.60 | 1,562 |
| 2025 | 250.29bn | 299.41bn | 83.6% | 19.83¢ | 16.58¢ | 18.25¢ | 17.76¢ | $2.39 | 1,580 |
Q2 2026 operating snapshot
CASM-ex excludes fuel, net special items and profit sharing.
| Metric | Q2 2026 | YoY change / context |
|---|---|---|
| RPM | 68.118bn | +3.6% |
| ASM | 81.843bn | +5.4% |
| Load factor | 83.2% | -1.5pt |
| Yield | 22.33¢ | +11.9% |
| PRASM | 18.59¢ | +10.0% |
| TRASM | 20.45¢ | +10.3% |
| CASM | 19.90¢ | +16.5% |
| CASM-ex | ~13.93¢ | ~+3% |
Margin trend
The fleet expanded by roughly 60 aircraft between 2023 and 2025 while ASM rose almost 8%. The commercial priority is increasingly premium and managed corporate demand; stronger revenue still needs to outpace fuel and other operating costs to rebuild profitability.
Outlook
What to watch American’s disclosure keeps traffic in RPM and ASM and unit costs in cents per ASM.
What to watch:
- TRASM versus CASM: whether 2026 unit-revenue gains reopen the margin spread.
- Capacity discipline: ASM growth versus passenger traffic.
- Premium mix and returns from 787-9 and A321XLR investment.
- Debt reduction while preserving fleet flexibility.
- Fuel sensitivity in full-year earnings guidance.