American Airlines Reports Record Revenue Despite Net Loss

The latest announcement is out from American Airlines ( (AAL) ).

American Airlines reported its third-quarter 2024 financial results, revealing a record revenue of $13.6 billion but a net loss of $149 million. Despite challenges such as outages and hurricanes, the airline maintained strong operational performance and is on track to significantly reduce its total debt by 2025. The company is actively refining its sales and distribution strategy to regain market share among corporate and agency partners, aiming for improved revenue performance.

For detailed information about AAL stock, go to TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.