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American Airlines Financial Summary

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American Airlines Financial Report
In 2011 AMR Corporation filed for bankruptcy causing it to combine with US Airways Group giving both corporations the ability to form American Airlines Group (AAG); a multi-billion dollars deal that created the world's biggest airline company. (Kim, 2013) Below we will look at a brief summary of the financial performance of American Airlines (AAL) from 2013 to 2015.
2013 Financials
In 2013, AAL passenger growth in revenues grew exponentially motivated by a solid demand for travel both domestically and internationally. During this year AAL saw that the annual domestic passenger returns and yields improved 3.8% and 2.0%, one-to-one, as compared to the prior year. AAL reaped the benefits of the Latin America and Atlantic markets that outperformed the local U.S markets while passenger sales lacked in the Pacific markets. The fuel price was fluctuating above $100 a barrel and very volatile. AAL revenues from a moderate fuel prices were decent. Cargo revenue yield per ton mile were $36.95 a decrease of 3.6 percent compared to …show more content…

With the new aircrafts being fuel efficient combined with the falling oil prices around $90 a barrel. AAL also invested $2.0 billion in strategic client enhancements, including new seats, fully lie-flat seats on their international fleet; satellite-based internet access; better and efficient kiosks to accelerate airport check-in. The Available Seat Miles (ASM) were now 237,522 (millions) compare to 2013 at 231,873 (million) that is an increase of 2.4%. The revenue passenger miles 195,651 (million); and the Passenger load factor was down 1.3 percent compare to the year prior. In 2014 AAL operating revenues were 2.7 billion with an expense of 23 billion. (American Airlines Group,

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