American Airlines posts record Q4 revenue of $13.7 billion; guides to Q1 loss
American Airlines reported record fourth-quarter revenue of $13.7 billion and GAAP net income of $590 million, or $0.84 per diluted share, compared with $19 million a year earlier. For full-year 2024, adjusted diluted EPS fell to $1.96 from $2.65, and the company guided to a first-quarter 2025 adjusted loss of $0.20 to $0.40 per diluted share, with full-year 2025 adjusted EPS of $1.70 to $2.70.
Key points
- Q4 2024 total operating revenues were $13.7 billion, up 4.6% from $13.1 billion in Q4 2023.
- Q4 2024 GAAP net income was $590 million ($0.84 diluted EPS); excluding net special items, adjusted diluted EPS was $0.86 versus $0.29 a year earlier.
- Full-year 2024 adjusted diluted EPS was $1.96, down from $2.65 in 2023; full-year free cash flow was a record $2.2 billion.
- Guidance: first-quarter 2025 adjusted loss of $0.20 to $0.40 per diluted share; full-year 2025 adjusted EPS of $1.70 to $2.70.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.