🔹 Revenue: $14.4B (Est. $14.29B) 🟢; Record High
🔹 Adjusted EPS: $0.95 (Est. $0.78) 🟢
FY25 Guidance (Updated):
🔹 EPS: ($0.20) to $0.80 (Est. ($0.01)) 🔴
🔸 Midpoint: $0.30
🔸 Top end achievable if domestic demand improves
Q3 Guidance:
🔹 EPS: ($0.60) to ($0.10) (Est. $0.76) 🔴
Key Business Highlights:
🔹 Record revenue driven by premium demand and restored indirect channels
🔹 All international entities delivered YoY unit revenue growth
🔹 AAdvantage loyalty program active accounts +7% YoY
🔹 Co-branded card spend +6% YoY
Operations & Strategy:
🔹 Achieved record refining throughput in U.S. Gulf Coast
🔹 Free Cash Flow (1H25): $2.5B
🔹 Net Debt: $29B
🔹 Ongoing investment in tech, fleet, lounges, and Flagship Suite®
🔹 Net Income: $628M adj. / $599M GAAP
🔹 Operating Margin: ~8%
🔹 Total Liquidity: $12B
CEO Commentary:
🔸 “We delivered record revenue in an evolving demand environment.”
🔸 “Our investments in network, loyalty, and customer experience are paying off.”
🔸 “We remain confident in our long-term strategy despite short-term volatility.”