American Airlines reported a $590 million profit in the fourth quarter.
FORT WORTH, Texas — Fort Worth-based American Airlines on Thursday reported fourth-quarter earnings of $590 million.
The airline said it had record fourth quarter revenue of $13.7 billion and record full-year revenue of $54.2 billion, driven ” by the actions the airline took to adjust capacity, combined with continued demand strength.”
American said its year-over-year Domestic, Atlantic, Pacific and total passenger unit revenue results led U.S. network carriers in the fourth quarter of 2024.
“The American Airlines team achieved a number of important objectives in 2024,” said American’s CEO Robert Isom. “We continue to run a reliable operation, and we are reengineering the business to build an even more efficient airline. That, coupled with our commercial actions, resulted in strong financial performance in the fourth quarter. As we look ahead to this year, American remains well-positioned because of the strength of our network, loyalty and co-branded credit card programs, fleet and operational reliability, and the tremendous work of our team.”
Despite this record-breaking quarter to end last year, however, American Airlines stock has dropped to begin 2025.
For the current quarter ending in March, American Airlines expects its results to range from a loss of 40 cents per share to a loss of 20 cents per share. The company expects full-year earnings in the range of $1.70 to $2.70 per share.