revenue $13.9B, net income -$382.0M. American Airlines Q1 revenue up 10.8% on stronger demand; loss despite fuel surge

Filed April 23, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 24, 2025 · ~2 min read

Key Changes

• high

  Revenue rose 10.8% to $13.9B driven by passenger revenue growth and PRASM increase, reversing prior-year decline. One-time loyalty payment of boosted cash receipts to vs. baseline.

  MD&A: Revenue Performance verify on EDGAR →
• high

  Pre-tax loss to improvement despite fuel costs rising as average fuel price climbed /gallon from /gallon.

  MD&A: Operating Results verify on EDGAR →
• high

  Company prepaid of 8.50% senior notes, repaid term loan, reduced AAdvantage facility interest rate, and extended revolving credit maturities to 2031; total debt fell.

  MD&A: Financing Activities verify on EDGAR →