American Airlines, Inc., is a major US-based airline headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex. It is the world’s largest airline when measured by fleet size, scheduled passengers carried, and revenue passenger mile.
In spite of inflation and recession expectations the air carrier’s total passenger revenue (including Domestic, Pacific, Atlantic and Latin America geographic regions) nearly doubled in the second quarter of 2022 compared to Q2 2021 at $12.223 billion.
What is more, the airline reported its highest total revenue (passenger, cargo plus other revenue) in its business history in the second quarter, $13.4 billion, and also returned to profitability for the first time since the onset of the COVID-19 pandemic.
“The reported figure suggests an over 12% surge compared to the second quarter of 2019 and serves as evidence American Airlines has managed to utilize a robust air travel demand environment we have been witnessing over the past few quarters. And, the company has managed to generate this record quarterly revenue by flying 8.5% less capacity compared to Q2 of 2019,”
–Brian McColl, analyst at TradingPedia, pointed out.
