American Airlines Reports First Quarter 2025 Net Loss of $473 million or $0.72 per Diluted Share
- Joe Breitfeller
- 2 hours ago
- 2 min read
American Airlines has reported a first quarter 2025 net loss of $473 million or ($0.72) per diluted share on a year-over-year decline in revenue of 0.2 percent to $12.6 billion. At March 31, 2025, the carrier had $10.8 billion in total liquidity.

On Thursday (April 24, 2025), American Airlines reported their first quarter financial results for the period ending March 31, 2025. The carrier reports a first quarter net loss of $473 million or ($0.72) per diluted share on a year-over-year decline in revenue of 0.2 percent to $12.6 billion. American’s first quarter total revenue per available seat mile (TRASM) increased 0.7 percent compared to the same period last year to 17.95 cents, while cost per available seat mile (CASM) increased 2.9 percent to 18.34 cents. Costs excluding fuel and net special items (CASM-ex+) increased 7.8 percent versus Q1 2024 to 14.54 cents. At the end of the first quarter, American Airlines had $10.8 billion in total available liquidity.
In Thursday’s announcement, American Airlines’ CEO, Robert Isom, said,
“The actions American has taken over the past several years to refresh our fleet, manage costs and strengthen our balance sheet position us well for the uncertainty our industry is facing. The resiliency of the American Airlines team, combined with the investments we have made to differentiate our network, product and customer experience, give us extreme confidence in our ability to navigate the current environment and deliver strong results for the long term.”

During the first quarter, American Airline reduce their total debt by $1.2 billion, for a total reduction of $16.6 billion from peak levels in 2021. As previously mentioned, the carrier ended the quarter with $10.8 billion in total available liquidity, including cash, short-term investments, and undrawn capacity under revolving credit and other facilities. American has available borrowing capacity of over $10 billion in unencumbered assets and more than $13 billion in additional first-lien borrowings allowable by their existing financing arrangements.

American Airlines’ purpose is To Care for People on Life’s Journey®. The carrier offers thousands of daily flights to over 350 destinations in more than 60 countries. American is also a founding member of the oneworld global alliance whose member airlines serve over 900 destinations worldwide. Shares in the American Airlines Group, Inc., trade on NASDAQ under the ticker symbol AAL and the company’s stock is included in the S&P 500.
Source: American Airlines