Financial Data and Key Metrics Changes - American Airlines reported fourth quarter adjusted earnings per share of $0.16 and full-year adjusted earnings per share of $0.36, which were below guidance primarily due to a government shutdown impacting revenue by approximately $325 million [26][28] - The balance sheet is noted to be the strongest it has been in years, with total debt reduced by $2.1 billion in 2025, bringing it to $36.5 billion, and a target to reduce it below $35 billion by the end of 2026 [8][38] Business Line Data and Key Metrics Changes - Premium unit revenue outperformed main cabin revenue by seven points in the fourth quarter, with premium demand remaining strong throughout the year [27][31] - Managed corporate revenue increased by 12% year-over-year, indicating strength in indirect channels [28] Market Data and Key Metrics Changes - Atlantic unit revenue was up 4% year-over-year, making it the most profitable region during the quarter, while Latin America faced continued pressure [29] - System-wide revenue intakes for the first three weeks of 2026 are up double digits year-over-year, indicating a strong start to the year [27] Company Strategy and Development Direction - The company’s strategy focuses on four key areas: enhancing customer experience, maximizing network and fleet power, building loyalty partnerships, and advancing sales and revenue management [10][22] - American Airlines plans to expand its international fleet and premium seating, with expectations to increase its international capable fleet from 139 to 200 aircraft by the end of the decade [19][31] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025 but emphasized the solid foundation built for future growth, particularly as the company approaches its centennial [9][40] - The impact of Winter Storm Fern was noted as unprecedented, affecting operations significantly, but management remains optimistic about recovery and future performance [33][71] Other Important Information - The company is investing in technology and operational improvements to enhance reliability and customer satisfaction, particularly at its largest hub in Dallas/Fort Worth [16][91] - The new partnership with Citi for the AAdvantage credit card program is expected to drive long-term growth in credit card acquisitions and spending [21][80] Q&A Session Summary Question: Discussion on hub structure and profitability - Management confirmed Chicago is strategically important and plans to grow back to 500 flights, expecting it to return to average profitability levels [44][45] Question: Cost trajectory in 2026 - Management indicated that unit cost growth is expected to be low single-digit, with adjustments based on demand and competitive environment [47] Question: Premium growth rate and revenue outlook - Premium performance is expected to continue improving, with significant growth in premium seats and a positive impact on revenue [50][51] Question: Full-year guidance and conservatism - Management acknowledged that current guidance could be conservative if bookings continue at the current pace [59] Question: Impact of Winter Storm Fern on revenue - Management indicated that the revenue impact from the storm is likely to be largely foregone, with limited recapture expected [68] Question: Operations and investments in DFW - Management highlighted ongoing investments in DFW, including new terminals and technology, to improve operational reliability [91][95]

Financial Data and Key Metrics Changes - American Airlines reported fourth quarter adjusted earnings per share of $0.16 and full-year adjusted earnings per share of $0.36, which were below guidance primarily due to a prolonged government shutdown impacting revenue by approximately $325 million [26][28] - The balance sheet is noted to be the strongest it has been in years, with total debt reduced by $2.1 billion in 2025, bringing it to $36.5 billion, and a target to reduce total debt to below $35 billion by the end of 2026 [8][38] Business Line Data and Key Metrics Changes - Premium unit revenue outperformed main cabin revenue by seven points in the fourth quarter, with premium demand remaining strong throughout the year [27][31] - Managed corporate revenue increased by 12% year-over-year, indicating strength in indirect channels [28] Market Data and Key Metrics Changes - Domestic unit revenue was expected to be positive for the first quarter of 2026, driven by strength in both premium and main cabin demand [30] - Atlantic unit revenue was up 4% year-over-year, while Latin America faced continued pressure, expected to be a headwind for the first half of 2026 [29] Company Strategy and Development Direction - The company’s strategy focuses on delivering a consistent customer experience, maximizing network and fleet power, building partnerships for loyalty, and advancing sales and revenue management efforts [10][22] - Significant investments are being made in expanding the premium offerings and enhancing customer experience, including new Flagship Lounges and upgraded onboard services [12][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025 but emphasized the solid foundation built for future growth, particularly looking forward to the benefits expected in 2026 [8][40] - The impact of Winter Storm Fern was noted as unprecedented, affecting operations significantly, but management expressed confidence in recovery and future operational improvements [33][71] Other Important Information - The company is celebrating its 100th anniversary in 2026, marking a significant milestone and reflecting on its legacy of innovation and resilience [39][40] - The company expects to take delivery of 55 new aircraft in 2026, with total capital expenditures projected between $4 billion and $4.5 billion [37] Q&A Session Summary Question: Discussion on hub structure and profitability - Management confirmed Chicago is strategically important and plans to grow back to 500 flights, expecting it to return to average profitability levels [44][45] Question: Cost trajectory in 2026 - Management indicated that unit cost growth is expected to be low single-digit, with adjustments based on demand and competitive environment [47] Question: Premium growth rate and revenue outlook - Premium performance in Q4 was strong, and management expects continued improvement in premium mix and revenue in 2026 [50][52] Question: Full-year guidance and conservatism - Management acknowledged that if bookings continue at the current pace, the guidance could prove conservative [60] Question: Chicago hub profitability concerns - Management expressed confidence that Chicago will return to pre-pandemic profitability levels, emphasizing customer satisfaction and community service [62][63] Question: Capacity growth for the year - Management expects capacity growth in the mid-single digits for the year, with a supportive environment for positive unit revenue [78]

Financial Data and Key Metrics Changes - For Q4 2025, American Airlines reported adjusted earnings per share of $0.16 and full-year adjusted earnings per share of $0.36, which were below guidance primarily due to a prolonged government shutdown impacting revenue by approximately $325 million [19][20] - System-wide revenue intakes for the first three weeks of 2026 are up double digits year-over-year, with premium revenue outperforming main cabin revenue throughout the quarter [20][21] - The company expects adjusted earnings per diluted share for 2026 to be approximately $1.70-$2.70, with first-quarter revenue projected to increase by 7%-10% year-over-year [27][28] Business Line Data and Key Metrics Changes - Premium unit revenue outpaced main cabin by seven points in Q4 2025, indicating strong demand for premium products [20][21] - Managed corporate revenue increased by 12% year-over-year, reflecting strength in indirect channels [20] - The company anticipates continued improvement in premium unit revenue in 2026, with a focus on expanding premium offerings across the customer journey [23][24] Market Data and Key Metrics Changes - Atlantic unit revenue was up 4% year-over-year, making it the most profitable region during Q4 2025, while Latin America faced revenue pressure [21][22] - Domestic unit revenue had inflected positive in September and remained positive before the government shutdown, indicating a strong recovery trajectory [20][21] - The company expects mixed performance in international unit revenue for Q1 2026, with strong transatlantic performance and flat unit revenue in Latin America and Pacific entities [23] Company Strategy and Development Direction - The company’s strategy focuses on delivering a consistent customer experience, maximizing network and fleet power, building loyalty partnerships, and advancing sales and revenue management efforts [9][18] - American Airlines plans to expand its international fleet and premium seating, with a goal to increase its international capable fleet from 139 to 200 aircraft by the end of the decade [14][24] - The company is committed to reducing total debt to below $35 billion by the end of 2026, having already reduced total debt by $2.1 billion in 2025 [28][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025, including significant operational disruptions due to Winter Storm Fern, but emphasized the strength of the balance sheet and the foundation built for future growth [6][19] - The company is optimistic about the opportunities in 2026, citing strong booking trends and a record Net Promoter Score for on-time customers [9][20] - Management expressed confidence in the ability to deliver efficient capacity and improve customer satisfaction through operational changes and investments in technology [26][50] Other Important Information - The company has fully restored its historical sales and distribution indirect share and is focused on further growth in 2026 and beyond [7][18] - American Airlines is investing in enhancing customer experience through new products and services, including the introduction of complimentary high-speed satellite Wi-Fi [11][12] - The company is also making significant investments in its lounges and onboard experience to differentiate itself in the market [10][11] Q&A Session Summary Question: Discussion on hub structure and profitability - Management confirmed that Chicago is strategically important and plans to grow back to 500 flights, expecting it to return to average profitability levels [32][42] Question: Cost trajectory in 2026 - Management indicated that unit cost growth is expected to be low single-digit, with adjustments based on demand and competitive environment [34] Question: Premium growth rate and revenue outlook - Premium performance in Q4 2025 was strong, and management expects continued growth in premium seats and revenue in 2026 [36] Question: Full-year guidance and booking strength - Management acknowledged strong bookings but did not build this strength into the full-year guidance, indicating potential conservatism [40][64] Question: Impact of Winter Storm Fern on revenue - Management assessed that the revenue impact from the storm would likely be largely foregone, with limited recapture expected [46] Question: Operations and capacity growth - Management confirmed plans for significant capacity growth in 2026, particularly in Philadelphia, Miami, and Phoenix, while maintaining a focus on operational reliability [54][62]

美国航空（American Airlines）首席执行官Robert Isom在一次电话会议上告诉投资者，受冬季风暴影 响，该公司已取消超过9000架次航班，并称此次风暴是"公司历史上最大的一次与天气相关的运营中 断"。 Isom说，在美国航空位于达拉斯-沃斯堡和夏洛特的枢纽机场，航班取消的情况尤其严重。他补充说， 公司预计航班取消还会再持续两天，之后才会恢复正常运营。 责任编辑：刘明亮 美国航空（American Airlines）首席执行官Robert Isom在一次电话会议上告诉投资者，受冬季风暴影 响，该公司已取消超过9000架次航班，并称此次风暴是"公司历史上最大的一次与天气相关的运营中 断"。 Isom说，在美国航空位于达拉斯-沃斯堡和夏洛特的枢纽机场，航班取消的情况尤其严重。他补充说， 公司预计航班取消还会再持续两天，之后才会恢复正常运营。 责任编辑：刘明亮 ...

A fatal collision between an American Airlines regional jet and an Army Black Hawk helicopter near Reagan Washington National Airport in January 2025 was the result of a "multitude of errors" and "sys... ...

分组1 - American Airlines reported quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.38 per share, and down from $0.86 per share a year ago, representing an earnings surprise of -57.85% [1] - The company posted revenues of $14 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.52%, but up from $13.66 billion year-over-year [2] - American Airlines has surpassed consensus EPS estimates three times over the last four quarters, while also topping consensus revenue estimates three times in the same period [2] 分组2 - The stock has underperformed the market, losing about 5% since the beginning of the year compared to the S&P 500's gain of 1.5% [3] - The current consensus EPS estimate for the coming quarter is -$0.28 on revenues of $13.59 billion, and for the current fiscal year, it is $2.01 on revenues of $59 billion [7] - The Zacks Industry Rank for Transportation - Airline is currently in the top 41% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8]

查看最新行情 美国航空周二预测其2026年的利润将高于华尔街的预期，尽管该公司表示冬季风暴将给其带来高达2亿 美元的损失，而冬季风暴最近几天已迫使数以千计的航班取消。 该航空公司的展望反映了对席卷美国大部分地区的冬季风暴"弗恩"所造成影响的初步估计，导致该公司 预计本季度将遭受约1.5亿至2亿美元的损失。 "该航空公司在一份声明中说："到目前为止，这场风暴已导致9000多个航班取消，成为美航历史上与天 气有关的最大一次运营中断。 据专家称，这场范围广泛的风暴在上周末席卷了美国二十多个州，预计将造成保险损失，损失额从不到 10亿美元到数十亿美元不等。 美国航空公司首席执行官罗伯特-伊森透露，该公司将在未来两三天内"重回正轨"。 美航预计2026年业绩强劲 根据LSEG汇编的数据，美航预计全年调整后利润在每股1.70美元至2.70美元之间，而分析师平均预期为 每股1.97美元。 该航空公司第四季度的总营业收入增长了2.5%，达到约140亿美元，略低于分析师预期的140.3亿美元。 美航表示，这一数字包括了因美国政府秋季历史性停摆造成的航班延误和取消而带来的约3.25亿美元的 负面影响。 美航第四季度调整后利润为每 ...

智通财经APP获悉，美国航空(AAL.US)周二发布财报，其对2026年的盈利预测超出分析师预期，主要 受商务旅行复苏及高端服务需求强劲提振。不过，该公司第四季度业绩受到历史性政府停摆打击。 该航司预计，2026年全年调整后每股收益将在1.70至2.70美元之间，高于分析师平均预期1.97美元。公 司同时表示，全年现金流将超过20亿美元。 截至发稿，公司股价在盘前交易中上涨逾3.36%。 业绩展望中已纳入了对近期席卷美国大部分地区的冬季风暴影响的初步评估。美国航空是此轮恶劣天气 中受影响最严重的航空公司之一，数日内取消了数千架次航班。 在宏观经济环境充满挑战的背景下，较低收入旅客面临预算压力，航司正日益转向愿意为高利润高端服 务支付高额费用的富裕客户。疫情后消费者行为的转变，促使航空公司坚定押注高端服务。 美国航空一直在加快其高端服务升级，以追赶竞争对手达美国航空空和美联航，并抢占高端旅行需求激 增中的更大份额。与此同时，商务旅行也已显现改善迹象。 值得一提的是，在美国航空发布财报前，其竞争对手达美航空(DAL.US)与美联航(UAL.US)均已公布业 绩。受地缘政治紧张局势加剧影响，包括拉美地区动荡以及美国 ...

Jan 27 (Reuters) - American Airlines forecast its 2026 profit above Wall Street expectations on Tuesday even as it flagged a hit of up to $200 million ​from a winter storm that has forced thousands of flight cancellations in recent ‌days. The carrier's outlook reflects a preliminary estimate of the impact from Winter Storm Fern, which has swept through ‌much of the U.S., leading the airline to project a hit of about $150 million to $200 million in the current quarter. "The storm has resulted in more th ...

Core Viewpoint - American Airlines reported a slim profit in the fourth quarter despite significant costs from the government shutdown, indicating challenges but also a positive outlook for future performance [4][5][6]. Financial Performance - In the fourth quarter, American Airlines generated revenue of $40 billion, reflecting a 2.5% increase year-over-year, while net income fell to $99 million from $590 million [5]. - Excluding special items, the net income for the fourth quarter was $106 million, equating to 16 cents per share, which was below analysts' expectations of 34 cents [5][7]. Impact of Government Shutdown - The government shutdown incurred a cost of $325 million, leading to a 2.5% decline in domestic passenger unit revenue; however, the airline noted that domestic unit revenue would have been positive without this impact [6]. - The CEO highlighted that the shutdown affected American Airlines more severely than its competitors due to its domestic focus [4]. Future Outlook - The company expressed optimism for the upcoming months, with early revenue trends showing strong bookings in January and expectations for solidly positive first-quarter unit revenue [6][7]. - American Airlines anticipates total revenue growth of 7.0%-10.0% for the first quarter, despite forecasting an adjusted loss per share between 10 cents and 50 cents [7]. Market Demand - The airline noted a recovery in bookings, particularly in premium cabins and corporate channels, with systemwide revenue intakes for the first three weeks of 2026 up by double digits year-over-year [6][7]. - The CEO emphasized the company's strong positioning for significant upside in 2026 and beyond, citing investments in customer experience, network, fleet, partnerships, and loyalty programs [7].