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American Airlines Inc (4515) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

American Airlines Inc

CIK: 4515
Exhibit 99.1

 aaglogoa06.jpg 
g410912ex991pg01ba06.jpg
 
 
  
Corporate Communications
 
817-967-1577
 
 
mediarelations@aa.com
FOR RELEASE: Thursday, October 25, 2018
AMERICAN AIRLINES GROUP REPORTS THIRD-QUARTER 2018 PROFIT
FORT WORTH, Texas – American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter results, including these highlights:
Reported a third-quarter 2018 pre-tax profit of $456 million, or $688 million excluding net special items1, and a third-quarter net profit of $341 million, or $523 million excluding net special items
Third-quarter 2018 earnings were $0.74 per diluted share, or $1.13 per diluted share excluding net special items
Returned $46 million to shareholders in the form of dividends during the third quarter

“Strong demand for American’s service led to record revenue in the third quarter and our eighth consecutive quarter of unit revenue growth. Our team continues to do an outstanding job of taking care of our customers, including during difficult situations such as Hurricanes Florence and Michael,” said Chairman and CEO Doug Parker. “Unfortunately, higher fuel prices increased our expenses by approximately $750 million versus the third quarter of 2017, which led to a decline in earnings.
 
“We have moved quickly to adapt to the higher cost environment with lower planned capacity growth, the cancellation of unprofitable flying, deferral of new aircraft deliveries, and continued aggressive cost management. We have significant revenue growth opportunities through initiatives such as expanded product segmentation, harmonization of aircraft configurations, and high-margin growth prospects in our most profitable hubs. We are confident these actions will return American to both revenue outperformance and earnings growth in 2019 and beyond and we remain very bullish on the future of American Airlines.”



The following information was filed by American Airlines Inc on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside American Airlines Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Parenthetical)
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Cash Flows (Parenthetical)
Condensed Consolidated Statements Of Comprehensive Income
Condensed Consolidated Statements Of Operations
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Tables)
Accumulated Other Comprehensive Loss - Components Of Aoci (Details)
Accumulated Other Comprehensive Loss - Reclassifications Out Of Aoci (Details)
Basis Of Presentation And Recent Accounting Pronouncements
Basis Of Presentation And Recent Accounting Pronouncements (Details)
Basis Of Presentation And Recent Accounting Pronouncements (Policies)
Basis Of Presentation And Recent Accounting Pronouncements (Tables)
Debt
Debt (Tables)
Debt - 2012-2C(R) Eetcs (Details)
Debt - 2012-2C(R) Eetcs - Certain Information (Details)
Debt - 2017-2 Eetcs - Certain Information (Details)
Debt - 2017-2 Eetcs (Details)
Debt - Components Of Long-Term Debt (Details)
Debt - Components Of Long-Term Debt - 2013 Credit Facilities (Details)
Debt - Components Of Long-Term Debt - 2014 Credit Facilities (Details)
Debt - Components Of Long-Term Debt - Other Equipment Notes Issued In 2018 (Details)
Debt - Summary Of Availability Under Revolving Credit Facilities (Details)
Earnings Per Common Share
Earnings Per Common Share (Details)
Earnings Per Common Share (Tables)
Employee Benefit Plans
Employee Benefit Plans (Tables)
Employee Benefit Plans - Additional Information (Details)
Employee Benefit Plans - Components Of Net Periodic Benefit Cost (Income) (Details)
Fair Value Measurements
Fair Value Measurements (Tables)
Fair Value Measurements - Schedule Of Carrying Value And Estimated Fair Value Of Long-Term Debt, Including Current Maturities (Details)
Fair Value Measurements - Summary Of Assets Measured At Fair Value On Recurring Basis (Details)
Income Taxes
Income Taxes (Details)
Legal Proceedings
Legal Proceedings (Details)
Regional Expenses
Regional Expenses (Details)
Regional Expenses (Tables)
Revenue Recognition
Revenue Recognition (Tables)
Revenue Recognition - Changes In Loyalty Program Liability (Details)
Revenue Recognition - Narrative (Details)
Revenue Recognition - Passenger Revenue By Geographic Region (Details)
Revenue Recognition - Significant Categories Of Reported Operating Revenues (Details)
Revenue Recognition - Significant Contract Liabilities (Details)
Share Repurchase Programs And Dividends
Share Repurchase Programs And Dividends - Dividends (Details)
Share Repurchase Programs And Dividends - Share Repurchase Programs (Details)
Special Items, Net
Special Items, Net (Details)
Special Items, Net (Tables)
Subsequent Events
Subsequent Events (Details)
Transactions With Related Parties
Transactions With Related Parties (Details)
Transactions With Related Parties (Tables)
CIK: 4515
Form Type: 10-Q Quarterly Report
Accession Number: 0000006201-18-000039
Submitted to the SEC: Thu Oct 25 2018 3:39:25 AM EST
Accepted by the SEC: Thu Oct 25 2018
Period: Sunday, September 30, 2018
Industry: Air Transportation Scheduled

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