American Airlines reports first-quarter profit for the first time in four years

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American Airlines reports first-quarter profit for the first time in four years
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The Fort Worth carrier produced a record $12.2 billion revenue, a 37% year-over-year increase.

Devon May, chief financial officer at American Airlines, said there was “no real surprise in the first quarter.”

American and its regional partners operated more than 476,000 flights in the first quarter, with about 48 million customers. . That brings the financial toll of the meltdown to more than $1.1 billion, more than twice as much as the company’s profit in 2022.

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