American Airlines Group (AAL) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

American Airlines Group Revenue Highlights

Latest Revenue (Q)

$13.65B

Main Segment (Y)

Passenger

Main Geography (Y)

Domestic Destination

American Airlines Group Revenue by Period

American Airlines Group Revenue by Year

Date	Revenue	Change
2023-12-31	-	-100.00%
2022-12-31	$48.97B	63.88%
2021-12-31	$29.88B	72.36%
2020-12-31	$17.34B	-62.12%
2019-12-31	$45.77B	2.75%
2018-12-31	$44.54B	5.53%
2017-12-31	$42.21B	5.04%
2016-12-31	$40.18B	-1.98%
2015-12-31	$40.99B	-3.89%
2014-12-31	$42.65B	59.48%
2013-12-31	$26.74B	7.60%
2012-12-31	$24.86B	3.65%
2011-12-31	$23.98B	8.16%
2010-12-31	$22.17B	11.31%
2009-12-31	$19.92B	-16.20%
2008-12-31	$23.77B	3.62%
2007-12-31	$22.93B	1.65%
2006-12-31	$22.56B	8.94%
2005-12-31	$20.71B	11.09%
2004-12-31	$18.64B	6.91%
2003-12-31	$17.44B	0.82%
2002-12-31	$17.30B	-8.77%
2001-12-31	$18.96B	-3.76%
2000-12-31	$19.70B	11.13%
1999-12-31	$17.73B	-7.68%
1998-12-31	$19.20B	3.42%
1997-12-31	$18.57B	4.60%
1996-12-31	$17.75B	4.99%
1995-12-31	$16.91B	4.79%
1994-12-31	$16.14B	2.03%
1993-12-31	$15.82B	-

American Airlines Group generated - in revenue during NA 2023, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

American Airlines Group Revenue by Quarter

Date	Revenue	Change
2024-09-30	$13.65B	-4.79%
2024-06-30	$14.33B	14.03%
2024-03-31	$12.57B	-3.77%
2023-12-31	$13.06B	-3.12%
2023-09-30	$13.48B	-4.08%
2023-06-30	$14.05B	15.31%
2023-03-31	$12.19B	-7.58%
2022-12-31	$13.19B	-2.03%
2022-09-30	$13.46B	0.30%
2022-06-30	$13.42B	50.83%
2022-03-31	$8.90B	-5.60%
2021-12-31	$9.43B	5.11%
2021-09-30	$8.97B	19.94%
2021-06-30	$7.48B	86.58%
2021-03-31	$4.01B	-0.50%
2020-12-31	$4.03B	26.95%
2020-09-30	$3.17B	95.62%
2020-06-30	$1.62B	-80.95%
2020-03-31	$8.52B	-24.73%
2019-12-31	$11.31B	-5.02%
2019-09-30	$11.91B	-0.41%
2019-06-30	$11.96B	13.00%
2019-03-31	$10.58B	-3.24%
2018-12-31	$10.94B	-5.37%
2018-09-30	$11.56B	-0.72%
2018-06-30	$11.64B	11.94%
2018-03-31	$10.40B	-1.89%
2017-12-31	$10.60B	-2.55%
2017-09-30	$10.88B	-2.04%
2017-06-30	$11.11B	15.39%
2017-03-31	$9.62B	-1.69%
2016-12-31	$9.79B	-7.60%
2016-09-30	$10.59B	2.23%
2016-06-30	$10.36B	9.84%
2016-03-31	$9.44B	-2.02%
2015-12-31	$9.63B	-10.05%
2015-09-30	$10.71B	-1.12%
2015-06-30	$10.83B	10.18%
2015-03-31	$9.83B	-3.28%
2014-12-31	$10.16B	-8.79%
2014-09-30	$11.14B	-1.90%
2014-06-30	$11.36B	13.61%
2014-03-31	$9.99B	35.65%
2013-12-31	$7.37B	7.91%
2013-09-30	$6.83B	5.88%
2013-06-30	$6.45B	5.76%
2013-03-31	$6.10B	2.71%
2012-12-31	$5.94B	-7.65%
2012-09-30	$6.43B	-0.36%
2012-06-30	$6.45B	6.87%
2012-03-31	$6.04B	1.36%
2011-12-31	$5.96B	-6.59%
2011-09-30	$6.38B	4.29%
2011-06-30	$6.11B	10.50%
2011-03-31	$5.53B	-0.95%
2010-12-31	$5.59B	-4.38%
2010-09-30	$5.84B	2.96%
2010-06-30	$5.67B	11.96%
2010-03-31	$5.07B	0.12%
2009-12-31	$5.06B	-1.27%
2009-09-30	$5.13B	4.87%
2009-06-30	$4.89B	1.03%
2009-03-31	$4.84B	-11.52%
2008-12-31	$5.47B	-14.83%
2008-09-30	$6.42B	3.92%
2008-06-30	$6.18B	8.46%
2008-03-31	$5.70B	-

American Airlines Group generated $13.65B in revenue during Q3 2024, up -4.79% compared to the previous quarter, and up 97.10% compared to the same period a year ago.

American Airlines Group Revenue Breakdown

American Airlines Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Cargo and Freight	$812.00M	$1.23B	$1.31B	$769.00M	$863.00M
Product and Service, Other	$3.46B	-	-	-	-
Passenger	$48.51B	-	-	-	-
Passenger Travel	$44.91B	$41.42B	$23.90B	$13.46B	$38.83B
Other Revenue	$535.00M	-	-	-	-
Loyalty Program, Travel Redemptions	$3.60B	$3.14B	$2.17B	$1.06B	$3.18B
Loyalty Program, Marketing Services	$2.93B	$2.66B	$2.17B	$1.82B	$2.36B
Loyalty Program	-	$3.21B	$2.22B	$1.23B	$3.36B
Air Traffic	-	$4.80B	$1.70B	$2.80B	$3.30B
Loyalty Program, Co-branded Credit Card And Other Partners	-	-	$3.40B	-	-

American Airlines Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Passenger (46.31%), Passenger Travel (42.87%), Loyalty Program, Travel Redemptions (3.43%), Product and Service, Other (3.31%), Loyalty Program, Marketing Services (2.80%), Cargo and Freight (0.78%), and Other Revenue (0.51%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Cargo and Freight	$202.00M	$195.00M	$187.00M	$199.00M	$193.00M	$197.00M	$223.00M	$263.00M	$279.00M	$328.00M	$364.00M	$341.00M	$332.00M	$326.00M	$315.00M	$285.00M	$207.00M	$130.00M	$147.00M	$216.00M
Loyalty Program, Marketing Services	$779.00M	$799.00M	$786.00M	$734.00M	$732.00M	$741.00M	$722.00M	$666.00M	$655.00M	$740.00M	$596.00M	$595.00M	$585.00M	$529.00M	$457.00M	$508.00M	$389.00M	$356.00M	$571.00M	$619.00M
Passenger	$12.52B	$13.20B	$11.46B	$36.09B	$12.42B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loyalty Program, Travel Redemptions	-	-	-	$917.00M	$948.00M	$921.00M	$812.00M	$855.00M	$860.00M	$823.00M	$605.00M	$662.00M	$670.00M	$550.00M	$286.00M	$225.00M	$133.00M	$102.00M	$602.00M	$731.00M
Product and Service, Other	-	-	-	$2.60B	$868.00M	$705.00M	$607.00M	$514.00M	$384.00M	-	-	-	-	-	-	-	-	-	-	-
Other Revenue	-	-	-	$399.00M	$136.00M	$110.00M	$78.00M	$57.00M	$28.00M	-	-	-	-	-	-	-	-	-	-	-
Passenger Travel	-	-	-	$11.09B	$11.47B	$12.06B	$10.29B	$11.28B	$11.54B	$11.40B	$7.21B	$7.72B	$7.29B	$6.00B	$2.89B	$2.96B	$2.41B	$1.01B	$7.08B	$9.62B
Air Traffic	-	-	-	-	-	$900.00M	$3.80B	$400.00M	$800.00M	$1.00B	$2.60B	$300.00M	$362.00M	$838.00M	-	$100.00M	$100.00M	$2.60B	$100.00M	-
Loyalty Program	-	-	-	-	-	$936.00M	$835.00M	$856.00M	$878.00M	$855.00M	$622.00M	$672.00M	$565.00M	$307.00M	$255.00M	$175.00M	$151.00M	$651.00M	$758.00M	-
Loyalty Program, Co-branded Credit Card And Other Partners	-	-	-	-	-	-	-	-	$1.00B	$1.00B	$1.40B	$800.00M	$835.00M	$684.00M	$1.00B	-	-	-	-	-

American Airlines Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Passenger (92.74%), Loyalty Program, Marketing Services (5.77%), and Cargo and Freight (1.50%).

American Airlines Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23
Atlantic Destination	$6.21B
Pacific Destination	$996.00M
Latin America Destination	$6.72B
Domestic Destination	$34.59B

American Airlines Group's latest annual revenue breakdown by geography, as of Dec 23: Domestic Destination (71.31%), Latin America Destination (13.85%), Atlantic Destination (12.79%), and Pacific Destination (2.05%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Latin America Destination	$1.43B	$1.56B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Domestic Destination	$8.68B	$9.34B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Atlantic Destination	$2.11B	$2.02B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pacific Destination	$299.00M	$279.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loyalty Program, Marketing Services	-	-	$741.00M	$722.00M	$666.00M	$655.00M	$740.00M	$596.00M	$595.00M	$585.00M	$529.00M	$457.00M	$508.00M	$389.00M	$356.00M	$571.00M	$619.00M	$570.00M	$594.00M	$578.00M
Passenger Travel	-	-	$12.06B	$10.29B	$11.28B	$11.54B	$11.40B	$7.21B	$7.72B	$7.29B	$6.00B	$2.89B	$2.96B	$2.41B	$1.01B	$7.08B	$9.62B	$10.23B	$10.22B	$8.77B
Loyalty Program, Travel Redemptions	-	-	$921.00M	$812.00M	$855.00M	$860.00M	$823.00M	$605.00M	$662.00M	$670.00M	$550.00M	$286.00M	$225.00M	$133.00M	$102.00M	$602.00M	$731.00M	$769.00M	$794.00M	$886.00M
Cargo and Freight	-	-	$197.00M	$223.00M	$263.00M	$279.00M	$328.00M	$364.00M	$341.00M	$332.00M	$326.00M	$315.00M	$285.00M	$207.00M	$130.00M	$147.00M	$216.00M	$208.00M	$221.00M	$218.00M
Air Traffic	-	-	$900.00M	$3.80B	$400.00M	$800.00M	$1.00B	$2.60B	$300.00M	$362.00M	$838.00M	-	$100.00M	$100.00M	$2.60B	$100.00M	$100.00M	$500.00M	$2.60B	-
Loyalty Program	-	-	$936.00M	$835.00M	$856.00M	$878.00M	$855.00M	$622.00M	$672.00M	$565.00M	$307.00M	$255.00M	$175.00M	$151.00M	$651.00M	$758.00M	$818.00M	$852.00M	$934.00M	-
Loyalty Program, Co-branded Credit Card And Other Partners	-	-	-	-	-	$1.00B	$1.00B	$1.40B	$800.00M	$835.00M	$684.00M	$1.00B	-	-	-	-	-	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	$110.00M	$78.00M	$57.00M	$28.00M	-	-	-	-	-	-	-	-
Product and Service, Other	-	-	-	-	-	-	-	-	$705.00M	$607.00M	$514.00M	$384.00M	-	-	-	-	-	-	-	-

American Airlines Group's latest quarterly revenue breakdown by geography, as of Sep 24: Domestic Destination (69.32%), Atlantic Destination (16.85%), Latin America Destination (11.44%), and Pacific Destination (2.39%).

American Airlines Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DAL	Delta Air Lines	$58.05B	$15.68B
UAL	United Airlines	$53.72B	$14.84B
LUV	Southwest Airlines	$26.09B	$6.33B
JBLU	JetBlue Airways	$9.62B	$2.37B
ULCC	Frontier Group	$3.59B	$935.00M
AAL	American Airlines Group	-	$13.65B

AAL Revenue FAQ

What is American Airlines Group’s yearly revenue?

American Airlines Group's yearly revenue for 2023 was $0, representing a decrease of -100.00% compared to 2022. The company's yearly revenue for 2022 was $48.97B, representing an increase of 63.88% compared to 2021. AAL's yearly revenue for 2021 was $29.88B, representing an increase of 72.36% compared to 2020.

What is American Airlines Group’s quarterly revenue?

American Airlines Group's quarterly revenue for Q3 2024 was $13.65B, a -4.79% decrease from the previous quarter (Q2 2024), and a 1.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $14.33B, a 14.03% increase from the previous quarter (Q1 2024), and a 1.99% increase year-over-year (Q2 2023). AAL's quarterly revenue for Q1 2024 was $12.57B, a -3.77% decrease from the previous quarter (Q4 2023), and a 3.13% increase year-over-year (Q1 2023).

What is American Airlines Group’s revenue growth rate?

American Airlines Group's revenue growth rate for the last 3 years (2021-2023) was -100.00%, and for the last 5 years (2019-2023) was -100.00%.

What are American Airlines Group’s revenue streams?

American Airlines Group's revenue streams in c 23 are Cargo and Freight, Product and Service, Other, Passenger, Passenger Travel, Other Revenue, Loyalty Program, Travel Redemptions, and Loyalty Program, Marketing Services. Cargo and Freight generated $812M in revenue, accounting 0.78% of the company's total revenue, down -34.14% year-over-year. Product and Service, Other generated $3.46B in revenue, accounting 3.31% of the company's total revenue Passenger generated $48.51B in revenue, accounting 46.31% of the company's total revenue Passenger Travel generated $44.91B in revenue, accounting 42.87% of the company's total revenue, up 8.42% year-over-year. Other Revenue generated $535M in revenue, accounting 0.51% of the company's total revenue Loyalty Program, Travel Redemptions generated $3.6B in revenue, accounting 3.43% of the company's total revenue, up 14.48% year-over-year. Loyalty Program, Marketing Services generated $2.93B in revenue, accounting 2.80% of the company's total revenue, up 10.24% year-over-year.

What is American Airlines Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of American Airlines Group was Passenger. This segment made a revenue of $48.51B, representing 46.31% of the company's total revenue.