American Airlines Group Inc
For the period ended Mar 31, 2025. Filed Apr 24, 2025.
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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, 2025 · Filed Apr 24, 2025
AAL$14.11-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating revenues: | ||
| Passenger | $11,391 | $11,458 |
| Cargo | 189 | 187 |
| Other | 971 | 925 |
| Total operating revenues | 12,551 | 12,570 |
| Operating expenses: | ||
| Aircraft fuel and related taxes | 2,587 | 2,980 |
| Salaries, wages and benefits | 4,222 | 3,867 |
| Regional expenses | 1,351 | 1,201 |
| Maintenance, materials and repairs | 922 | 884 |
| Other rent and landing fees | 826 | 819 |
| Aircraft rent | 297 | 328 |
| Selling expenses | 450 | 408 |
| Depreciation and amortization | 468 | 470 |
| Special items, net | 70 | 70 |
| Other | 1,628 | 1,536 |
| Total operating expenses | 12,821 | 12,563 |
| Operating income (loss) | (270) | 7 |
| Nonoperating income (expense): | ||
| Interest income | 94 | 118 |
| Interest expense, net | (428) | (497) |
| Other expense, net | (44) | (41) |
| Total nonoperating expense, net | (378) | (420) |
| Loss before income taxes | (648) | (413) |
| Income tax benefit | (175) | (101) |
| Net loss | $(473) | $(312) |
| Loss per common share: | ||
| Basic and Diluted | $(0.72) | $(0.48) |
| Weighted average shares outstanding (in thousands): | ||
| Basic and Diluted | 658,880 | 655,847 |
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