AAG(US:AAL) Seeking Alpha·2025-12-03 23:43Core Insights - The company is optimistic about its future, particularly looking forward to 2026, which marks its centennial year [2] - Significant progress has been made in improving the balance sheet post-COVID, with a focus on reducing debt levels [2] Financial Performance - The company had peak debt levels of $54 billion during COVID and has successfully reduced this by $15 billion ahead of its target, achieving this reduction by 2024 [2] - A new target has been set to lower total debt below $35 billion by the end of 2027, with ongoing progress being made towards this goal [2] Operational Efficiency - The company is recognized as a leader in cost efficiency, implementing a transformation initiative referred to as "reengineering the business" [2]