American Airlines (AAL) Misses Q1 EPS by 2c

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American Airlines Reports First-Quarter 2021 Financial results

April 22, 2021 7:00 AM EDT

FORT WORTH, Texas, April 22, 2021 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2021 financial results, including:

First-quarter revenue of $4.0 billion, down 53% year over year on a 39% year-over-year reduction in total available seat miles (ASMs).First-quarter net loss of $1.3 billion, or ($1.97) per share. Excluding net special items1, first-quarter net loss was $2.7 billion, or ($4.32) per share.Raised $10 billion through debt offering backed by the AAdvantage program and used a portion of the... More