$AAL (+1.02%) | American Airlines Q3'24 Earnings Highlights:

🔹 Adj EPS: $0.30 (Est. $0.13) 🟢

🔹 Revenue: $13.6B (Est. $13.5B) 🟢; UP +1.2% YoY

🔹 Passenger Revenue: $12.52B (Est. $12.37B) 🟢; UP +0.8% YoY

🔹 ASMs: 75.67B; UP +3.2% YoY

🔹 Load Factor: 86.6% (Est. 84.2%); UP +2.6pp YoY

FY24 Guidance:

🔸 Raised Adj EPS: $1.35 - $1.60 (Prior: $0.70 - $1.30; Est. $1.22) 🟢

🔸 Adj Operating Margin: 4.5% - 5.5% (Prior: 3.5% - 5.5%)

🔸 Capacity (ASMs): +5% to +6% YoY

🔸 TRASM: Revised to "-4% to -3%" (Prior: "-5% to -3%")

🔸 CASM ex-fuel: +2% to +3% YoY (Prior: +1% to +3% YoY)

Q4 Guidance:

🔸 Adjusted EPS: $0.25 - $0.50 (Est. $0.30) 🟢

🔸 Capacity (ASMs): +1% to +3% YoY

🔸 TRASM: -3% to -1%

🔸 CASM ex-fuel: +4% to +6% YoY

Operational Metrics:

🔹 Revenue Passenger Miles (RPMs): 65.50B; UP +6.4% YoY

🔹 Passenger Yield: 19.12¢; DOWN -5.3% YoY

🔹 CASM (Cost per ASM): $17.92; DOWN -4.2% YoY

🔹 CASM ex-fuel: $13.39; UP +2.8% YoY

🔹 Total Aircraft: 1,546; UP +3.1% YoY

Additional Updates:

🔸 Capex (FY24 and FY25): Lower than prior forecast due to aircraft delivery delays

🔸 Cash and Liquidity: $11.8B in total available liquidity

🔸 Debt Reduction: On track to reduce total debt by $15B by 2025