Revenue between April and June was US$14,334 million, 2% more than in the same period in 2023.

American Airlines' net profit in the second quarter of the year was US$717 million, which is equivalent to a decrease of 46.4% compared to the same period in 2024, as reported by the company this Thursday.

Revenues between April and June were US$14,334 million, 2% more.

"American has the fleet, network and product ready to achieve results, but during the second quarter we did not perform according to our initial expectations due to our previous sales and distribution strategies and a domestic imbalance of supply and demand," he said. detailed the CEO of the airline group, Robert Isom.

Among expense items, the cost of fuel and associated taxes increased by 12.4%, to US$3,061 million, while salary costs increased by 8.7%, to US$3,953 million.

Regional operating expenses were US$ 1,189 million, 10.7% more, while maintenance cost US$ 950 million, 17.6% more.

In the first six months of 2024 as a whole, American Airlines' net profit was US$405 million, 70% less. Revenues increased 2.5%, to US$26,904 million.

During the second quarter of the year, American's load factor was 86.6%, four tenths above that recorded a year earlier. For its part, the seats per mile offered grew by 8%, up to 75,263 million, while the passengers per mile transported were 65,144 million, 8.5% more.