$AAL (+0,56ย %) | American Airlines Q3'24 Earnings Highlights:
๐น Adj EPS: $0.30 (Est. $0.13) ๐ข
๐น Revenue: $13.6B (Est. $13.5B) ๐ข; UP +1.2% YoY
๐น Passenger Revenue: $12.52B (Est. $12.37B) ๐ข; UP +0.8% YoY
๐น ASMs: 75.67B; UP +3.2% YoY
๐น Load Factor: 86.6% (Est. 84.2%); UP +2.6pp YoY
FY24 Guidance:
๐ธ Raised Adj EPS: $1.35 - $1.60 (Prior: $0.70 - $1.30; Est. $1.22) ๐ข
๐ธ Adj Operating Margin: 4.5% - 5.5% (Prior: 3.5% - 5.5%)
๐ธ Capacity (ASMs): +5% to +6% YoY
๐ธ TRASM: Revised to "-4% to -3%" (Prior: "-5% to -3%")
๐ธ CASM ex-fuel: +2% to +3% YoY (Prior: +1% to +3% YoY)
Q4 Guidance:
๐ธ Adjusted EPS: $0.25 - $0.50 (Est. $0.30) ๐ข
๐ธ Capacity (ASMs): +1% to +3% YoY
๐ธ TRASM: -3% to -1%
๐ธ CASM ex-fuel: +4% to +6% YoY
Operational Metrics:
๐น Revenue Passenger Miles (RPMs): 65.50B; UP +6.4% YoY
๐น Passenger Yield: 19.12ยข; DOWN -5.3% YoY
๐น CASM (Cost per ASM): $17.92; DOWN -4.2% YoY
๐น CASM ex-fuel: $13.39; UP +2.8% YoY
๐น Total Aircraft: 1,546; UP +3.1% YoY
Additional Updates:
๐ธ Capex (FY24 and FY25): Lower than prior forecast due to aircraft delivery delays
๐ธ Cash and Liquidity: $11.8B in total available liquidity
๐ธ Debt Reduction: On track to reduce total debt by $15B by 2025