American Airlines begins to emerge from the turbulence caused by the crisis caused by the March 2020 pandemic. In this sense, it reported benefits again last year, with revenues of US$127 million.
“The American Airlines team has achieved some extraordinary results over the past year,” said the airline’s CEO, Robert Isom.
He added that “we are committed to running a reliable operation and returning to profitability, and our team is delivering on both.”
“We are proud to have led the industry in operating performance over the holidays, while delivering record revenue for the full year and in the fourth quarter, which has translated into the third consecutive quarterly profit and a positive annual result,” he reiterated. isom.
On the other hand, Income of US$803 million or US$1.14 dollars per diluted share is reported. While in the same period of 2021, the company had reported losses of US$931 million.
Excluding special items, net income was $827 million, or $1.17 per diluted share.
Also, a profit of US$13,189 is reported. The figure represents an increase of 16.6% compared to the fourth quarter of 2019, despite the 6.1% reduction in the company’s capacity.
The company and its regional partners operated more than 475,000 flights between October and December, with an average load factor of 83.9%.
Separately, excluding special items, net income was $328 million or $0.50 per diluted share.
Passionate about aviation, professional in communications and journalism, commercial aviator pilot and dispatcher; most recently, university professor. I worked for seven years in TACA, in Air Operations as a dispatcher, with FAA accreditation. My second profession, communications and journalism, allows me to write with absolute passion about the wonderful world of aviation.