American Airlines Q1 2024 10-Q Filing

Ticker: AAL · Form: 10-Q · Filed: 2024-04-25T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, earnings, airline

Related Tickers: AAL

TL;DR

**AA Q1 2024 10-Q is IN! Check financials & ops for the start of the year.**

AI Summary

American Airlines Group Inc. filed its 10-Q for the period ending March 31, 2024. The company reported its financial performance and operational details for the first quarter of 2024. Key financial metrics and business updates are detailed within the filing.

Why It Matters

This filing provides crucial insights into American Airlines' financial health and operational performance during the first quarter of 2024, impacting investors and the broader travel industry.

Risk Assessment

Risk Level: medium — Airline industry is subject to significant external factors like fuel prices, economic conditions, and competition, which can impact financial performance.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this 10-Q filing?

This 10-Q filing provides a quarterly update on American Airlines Group Inc.'s financial performance and operational status for the period ending March 31, 2024.

What is the Central Index Key (CIK) for American Airlines Group Inc. in this filing?

The Central Index Key for American Airlines Group Inc. is 0000006201.

When was this 10-Q filing submitted to the SEC?

This 10-Q filing was submitted on April 25, 2024.

What is the fiscal year end for American Airlines Group Inc.?

The fiscal year end for American Airlines Group Inc. is December 31.

Are there any former company names mentioned for American Airlines Group Inc.?

Yes, the filing mentions 'AMR CORP' as a former company name for American Airlines Group Inc., with a date of name change on July 3, 1992.

From the Filing

0000006201-24-000032.txt : 20240425 0000006201-24-000032.hdr.sgml : 20240425 20240425070326 ACCESSION NUMBER: 0000006201-24-000032 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 98 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240425 DATE AS OF CHANGE: 20240425 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: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-08400 FILM NUMBER: 24872855 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: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-02691 FILM NUMBER: 24872856 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 10-Q 1 aal-20240331.htm 10-Q 03.31.2024 aal-20240331 0000006201 12/31 2024 Q1 FALSE 0000004515 0.0617284 0000006201 2024-01-01 2024-03-31 0000006201 aal:AmericanAirlinesIncMember 2024-01-01 2024-03-31 0000006201 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000006201 us-gaap:WarrantMember 2024-01-01 2024-03-31 0000006201 2024-04-19 xbrli:shares 0000006201 aal:AmericanAirlinesIncMember 2024-04-19 0000006201 us-gaap:PassengerMember 2024-01-01 2024-03-31 iso4217:USD 0000006201 us-gaap:PassengerMember 2023-01-01 2023-03-31 0000006201 us-gaap:CargoAndFreightMember 2024-01-01 2024-03-31 0000006201 us-gaap:CargoAndFreightMember 2023-01-01 2023-03-31 0000006201 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-03-31 0000006201 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-03-31 0000006201 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0000006201 2024-03-31 0000006201 2023-12-31 0000006201 aal:AirTrafficMember 2024-03-31 0000006201 aal:AirTrafficMember 2023-12-31 0000006201 aal:LoyaltyProgramMember 2024-03-31 0000006201 aal:LoyaltyProgramMember 2023-12-31 0000006201 2022-12-31 0000006201 2023-03-31 0000006201 us-gaap:CommonStockMember 2023-12-31 0000006201 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000006201 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000006201 us-gaap:RetainedEarningsMember 2023-12-31 0000006201 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000006201 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000006201 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000006201 us-gaap:CommonStockMember 2024-03-31 0000006201 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000006201 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000006201 us-gaap:RetainedEarningsMember 2024-03-31 0000006201 us-gaap:CommonStockMember 2022-12-31 0000006201 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000006201 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000006201 us-gaap:RetainedEarningsMember 2022-12-31 0000006201 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0000006201 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0000006201 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000006201 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023

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