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U.S. COMPANY FILING

10-Q 03.31.2026

Filed: 2026-04-23Company: American Airlines Group Inc.Ticker: AALExchange: NasdaqForm: 10-QReport period: 2026-03-31SEC accession: 0000006201-26-000032Event: earningsMateriality: 85

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American Airlines reported a net loss of $382 million for Q1 2026, improving from a $473 million loss in Q1 2025. Total operating revenues rose 10.8% to $13.912 billion, driven by passenger and loyalty revenue. Operating loss narrowed to $41 million from $270 million. The company reduced debt, issued new debt, and extended a revolving credit facility. Fuel costs increased 13.2%, with no hedging in place.

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