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

Earnings Press Release
10-Q Quarterly Report
10-Q QoQ Changes
American Airlines Group Inc.
Ticker: AAL CIK: 6201

Exhibit 99.1




		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 Group Inc. (AAL) 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.

View differences made from one quarter to another to evaluate American Airlines Group Inc.'s financial trajectory

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