American Airlines Projects Q1 Revenue Growth

TL;DR

AAL sees Q1 revenue up 7-9% YoY, capacity up 10%.

AI Summary

American Airlines Group Inc. (AAL) announced on March 12, 2024, that it expects its first quarter 2024 revenue to be up 7-9% compared to the first quarter of 2023. The company also anticipates its first quarter 2024 capacity to be up approximately 10% year-over-year. This update was provided during the J.P. Morgan Industrials Conference.

Why It Matters

This positive revenue outlook suggests strong demand for air travel and could indicate improved financial performance for American Airlines in the near term.

Risk Assessment

Risk Level: low — The filing is a routine business update and does not contain significant negative news or unexpected events.

Key Numbers

• 7-9% — Q1 2024 Revenue Growth Expectation (Compared to Q1 2023)
• 10% — Q1 2024 Capacity Growth Expectation (Year-over-year)

Key Players & Entities

• American Airlines Group Inc. (company) — Filer
• AAL (company) — Ticker Symbol
• March 12, 2024 (date) — Announcement Date
• J.P. Morgan Industrials Conference (event) — Event where update was provided

FAQ

From the Filing

0000006201-24-000024.txt : 20240312 0000006201-24-000024.hdr.sgml : 20240312 20240312070011 ACCESSION NUMBER: 0000006201-24-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240312 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Airlines Group Inc. CENTRAL INDEX KEY: 0000006201 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 751825172 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08400 FILM NUMBER: 24740154 BUSINESS ADDRESS: STREET 1: 1 SKYVIEW DRIVE CITY: FORT WORTH STATE: TX ZIP: 76155 BUSINESS PHONE: 6822789000 MAIL ADDRESS: STREET 1: 1 SKYVIEW DRIVE CITY: FORT WORTH STATE: TX ZIP: 76155 FORMER COMPANY: FORMER CONFORMED NAME: AMR CORP DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN AIRLINES, INC. CENTRAL INDEX KEY: 0000004515 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 131502798 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02691 FILM NUMBER: 24740155 BUSINESS ADDRESS: STREET 1: 1 SKYVIEW DRIVE CITY: FORT WORTH STATE: TX ZIP: 76155 BUSINESS PHONE: 6822789000 MAIL ADDRESS: STREET 1: 1 SKYVIEW DRIVE CITY: FORT WORTH STATE: TX ZIP: 76155 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN AIRLINES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN AIRWAYS INC DATE OF NAME CHANGE: 19670629 8-K 1 aal-20240312.htm 8-K 03.12.24 JPM INDUSTRIALS CONFERENCE AND IR UPDATE aal-20240312 0000006201 false 0000004515 false 0000006201 2024-03-12 2024-03-12 0000006201 srt:SubsidiariesMember 2024-03-12 2024-03-12 0000006201 us-gaap:CommonStockMember 2024-03-12 2024-03-12 0000006201 us-gaap:WarrantMember 2024-03-12 2024-03-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 12, 2024 AMERICAN AIRLINES GROUP INC. AMERICAN AIRLINES, INC. (Exact name of registrant as specified in its charter) Delaware   1-8400   75-1825172 Delaware   1-2691   13-1502798 (State or other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1 Skyview Drive, Fort Worth, Texas   76155 1 Skyview Drive, Fort Worth, Texas   76155 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: ( 682 ) 278-9000 ( 682 ) 278-9000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value per share   AAL   The Nasdaq Global Select Market Preferred Stock Purchase Rights — (1) (1) Attached to the Common Stock Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company ☐ If an emerging growt