American Airlines Group (AAL) Revenue & Revenue Breakdown

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American Airlines Group Revenue Highlights

Latest Revenue (Y)

$54.63B

Latest Revenue (Q)

$13.91B

Main Segment (Y)

Passenger

Main Geography (Y)

Domestic Destination

American Airlines Group Revenue by Period

American Airlines Group Revenue by Year

Date	Revenue	Change
2025-12-31	$54.63B	0.78%
2024-12-31	$54.21B	2.70%
2023-12-31	$52.79B	7.79%
2022-12-31	$48.97B	63.88%
2021-12-31	$29.88B	72.36%
2020-12-31	$17.34B	-62.12%
2019-12-31	$45.77B	2.75%
2018-12-31	$44.54B	5.53%
2017-12-31	$42.21B	5.04%
2016-12-31	$40.18B	-1.98%
2015-12-31	$40.99B	-3.89%
2014-12-31	$42.65B	59.48%
2013-12-31	$26.74B	7.60%
2012-12-31	$24.86B	3.65%
2011-12-31	$23.98B	8.16%
2010-12-31	$22.17B	11.31%
2009-12-31	$19.92B	-16.20%
2008-12-31	$23.77B	3.62%
2007-12-31	$22.93B	1.65%
2006-12-31	$22.56B	8.94%
2005-12-31	$20.71B	11.09%
2004-12-31	$18.64B	6.91%
2003-12-31	$17.44B	0.82%
2002-12-31	$17.30B	-8.77%
2001-12-31	$18.96B	-3.76%
2000-12-31	$19.70B	11.13%
1999-12-31	$17.73B	-7.68%
1998-12-31	$19.20B	3.42%
1997-12-31	$18.57B	4.60%
1996-12-31	$17.75B	4.99%
1995-12-31	$16.91B	4.79%
1994-12-31	$16.14B	2.03%
1993-12-31	$15.82B	-

American Airlines Group generated $54.63B in revenue during NA 2025, up 0.78% compared to the previous quarter, and up 315.12% compared to the same period a year ago.

American Airlines Group Revenue by Quarter

Date	Revenue	Change
2026-03-31	$13.91B	-0.62%
2025-12-31	$14.00B	2.25%
2025-09-30	$13.69B	-4.87%
2025-06-30	$14.39B	14.67%
2025-03-31	$12.55B	-8.12%
2024-12-31	$13.66B	0.10%
2024-09-30	$13.65B	-4.79%
2024-06-30	$14.33B	14.03%
2024-03-31	$12.57B	-3.77%
2023-12-31	$13.06B	-3.12%
2023-09-30	$13.48B	-4.08%
2023-06-30	$14.05B	15.31%
2023-03-31	$12.19B	-7.58%
2022-12-31	$13.19B	-2.04%
2022-09-30	$13.46B	0.30%
2022-06-30	$13.42B	50.83%
2022-03-31	$8.90B	-5.60%
2021-12-31	$9.43B	5.11%
2021-09-30	$8.97B	19.94%
2021-06-30	$7.48B	86.58%
2021-03-31	$4.01B	-0.50%
2020-12-31	$4.03B	26.95%
2020-09-30	$3.17B	95.62%
2020-06-30	$1.62B	-80.95%
2020-03-31	$8.52B	-24.73%
2019-12-31	$11.31B	-5.02%
2019-09-30	$11.91B	-0.41%
2019-06-30	$11.96B	13.00%
2019-03-31	$10.58B	-3.24%
2018-12-31	$10.94B	-5.37%
2018-09-30	$11.56B	-0.72%
2018-06-30	$11.64B	11.94%
2018-03-31	$10.40B	-1.89%
2017-12-31	$10.60B	-2.55%
2017-09-30	$10.88B	-2.04%
2017-06-30	$11.11B	15.39%
2017-03-31	$9.62B	-1.69%
2016-12-31	$9.79B	-7.60%
2016-09-30	$10.59B	2.23%
2016-06-30	$10.36B	9.84%
2016-03-31	$9.44B	-2.02%
2015-12-31	$9.63B	-10.05%
2015-09-30	$10.71B	-1.12%
2015-06-30	$10.83B	10.18%
2015-03-31	$9.83B	-3.28%
2014-12-31	$10.16B	-8.79%
2014-09-30	$11.14B	-1.90%
2014-06-30	$11.36B	13.61%
2014-03-31	$9.99B	35.65%
2013-12-31	$7.37B	7.91%
2013-09-30	$6.83B	5.88%
2013-06-30	$6.45B	5.76%
2013-03-31	$6.10B	2.71%
2012-12-31	$5.94B	-7.65%
2012-09-30	$6.43B	-0.36%
2012-06-30	$6.45B	6.87%
2012-03-31	$6.04B	1.36%
2011-12-31	$5.96B	-6.59%
2011-09-30	$6.38B	4.29%
2011-06-30	$6.11B	10.50%
2011-03-31	$5.53B	-0.95%
2010-12-31	$5.59B	-4.38%
2010-09-30	$5.84B	2.96%
2010-06-30	$5.67B	11.96%
2010-03-31	$5.07B	0.12%
2009-12-31	$5.06B	-1.27%
2009-09-30	$5.13B	4.87%
2009-06-30	$4.89B	1.03%
2009-03-31	$4.84B	-11.52%
2008-12-31	$5.47B	-14.83%
2008-09-30	$6.42B	3.92%
2008-06-30	$6.18B	8.46%
2008-03-31	$5.70B	-

American Airlines Group generated $13.91B in revenue during Q1 2026, up -0.62% compared to the previous quarter, and up 101.84% compared to the same period a year ago.

American Airlines Group Revenue Breakdown

American Airlines Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Product and Service, Other	$4.15B	$3.82B	$3.46B	-	-
Cargo and Freight	$839.00M	$804.00M	$812.00M	$1.23B	$1.31B
Passenger Travel	$45.61B	$44.91B	$41.42B	$23.90B	-
Passenger	$49.64B	$49.59B	$48.51B	-	-
Loyalty Program, Marketing Services	-	$3.26B	$2.93B	$2.66B	$2.17B
Loyalty Program, Travel Redemptions	-	-	$3.60B	$3.14B	$2.17B
Other Revenue	-	-	$535.00M	-	-
Air Traffic	-	-	-	$4.80B	$1.70B
Loyalty Program	-	-	-	$3.21B	$2.22B
Loyalty Program, Co-branded Credit Card And Other Partners	-	-	-	-	$3.40B

American Airlines Group's latest annual revenue breakdown by segment (product or service), as of Dec 25: Passenger (49.52%), Passenger Travel (45.50%), Product and Service, Other (4.14%), and Cargo and Freight (0.84%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Cargo and Freight	$214.00M	$227.00M	$212.00M	$211.00M	$189.00M	$220.00M	$202.00M	$195.00M	$187.00M	$199.00M	$193.00M	$197.00M	$223.00M	$263.00M	$279.00M	$328.00M	$364.00M	$341.00M	$332.00M	$326.00M
Product and Service, Other	$1.20B	$1.11B	$1.01B	$1.06B	$971.00M	$2.60B	$868.00M	$705.00M	$607.00M	-	-	-	-	-	-	-	-	-	-	-
Passenger	$12.49B	$12.66B	$12.47B	$13.12B	$11.39B	$12.40B	$12.52B	$13.20B	$11.46B	$36.09B	$12.42B	-	-	-	-	-	-	-	-	-
Passenger Travel	$11.52B	$34.20B	$11.40B	$12.13B	$21.87B	$11.09B	$11.47B	$12.06B	$10.29B	$11.28B	$11.54B	$11.40B	$7.21B	$7.72B	$7.29B	$6.00B	-	-	-	-
Loyalty Program, Marketing Services	-	-	-	-	$823.00M	$893.00M	$779.00M	$799.00M	$786.00M	$734.00M	$732.00M	$741.00M	$722.00M	$666.00M	$655.00M	$740.00M	$596.00M	$595.00M	$585.00M	$529.00M
Loyalty Program, Travel Redemptions	-	-	-	-	-	-	-	-	-	$917.00M	$948.00M	$921.00M	$812.00M	$855.00M	$860.00M	$823.00M	$605.00M	$662.00M	$670.00M	$550.00M
Other Revenue	-	-	-	-	-	-	-	-	-	$399.00M	$136.00M	$110.00M	$78.00M	-	-	-	-	-	-	-
Loyalty Program	-	-	-	-	-	-	-	-	-	-	-	$936.00M	$835.00M	$856.00M	$878.00M	$855.00M	$622.00M	$672.00M	$565.00M	-
Air Traffic	-	-	-	-	-	-	-	-	-	-	-	$900.00M	$3.80B	$400.00M	$800.00M	$1.00B	$2.60B	$300.00M	$362.00M	-
Loyalty Program, Co-branded Credit Card And Other Partners	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.00B	$1.00B	$1.40B	$800.00M	$835.00M	$684.00M

American Airlines Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Passenger (49.14%), Passenger Travel (45.29%), Product and Service, Other (4.73%), and Cargo and Freight (0.84%).

American Airlines Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23
Pacific Destination	$1.42B	$1.25B	$996.00M
Domestic Destination	$35.20B	$35.34B	$34.59B
Atlantic Destination	$6.58B	$6.45B	$6.21B
Latin America Destination	$6.44B	$6.56B	$6.72B

American Airlines Group's latest annual revenue breakdown by geography, as of Dec 25: Domestic Destination (70.91%), Atlantic Destination (13.26%), Latin America Destination (12.98%), and Pacific Destination (2.85%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Pacific Destination	$440.00M	$395.00M	$299.00M	$328.00M	$393.00M	$365.00M	$299.00M	$279.00M	-	-	-	-	-	-	-	-	-	-	-	-
Atlantic Destination	$1.10B	$1.42B	$2.11B	$2.09B	$965.00M	$1.32B	$2.11B	$2.02B	-	-	-	-	-	-	-	-	-	-	-	-
Latin America Destination	$1.96B	$1.65B	$1.34B	$1.55B	$1.91B	$1.66B	$1.43B	$1.56B	-	-	-	-	-	-	-	-	-	-	-	-
Domestic Destination	$8.99B	$9.19B	$8.72B	$9.16B	$8.13B	$9.05B	$8.68B	$9.34B	-	-	-	-	-	-	-	-	-	-	-	-
Loyalty Program, Travel Redemptions	-	-	-	-	-	-	-	-	$921.00M	$812.00M	$855.00M	$860.00M	$823.00M	$605.00M	$662.00M	$670.00M	$550.00M	$286.00M	$225.00M	$133.00M
Loyalty Program, Marketing Services	-	-	-	-	-	-	-	-	$741.00M	$722.00M	$666.00M	$655.00M	$740.00M	$596.00M	$595.00M	$585.00M	$529.00M	$457.00M	$508.00M	$389.00M
Cargo and Freight	-	-	-	-	-	-	-	-	$197.00M	$223.00M	$263.00M	$279.00M	$328.00M	$364.00M	$341.00M	$332.00M	$326.00M	$315.00M	$285.00M	$207.00M
Air Traffic	-	-	-	-	-	-	-	-	$900.00M	$3.80B	$400.00M	$800.00M	$1.00B	$2.60B	$300.00M	$362.00M	$838.00M	-	$100.00M	-
Loyalty Program	-	-	-	-	-	-	-	-	$936.00M	$835.00M	$856.00M	$878.00M	$855.00M	$622.00M	$672.00M	$565.00M	$307.00M	$255.00M	$175.00M	-
Passenger Travel	-	-	-	-	-	-	-	-	$12.06B	$10.29B	$11.28B	$11.54B	$11.40B	$7.21B	$7.72B	$7.29B	$6.00B	$2.89B	$2.96B	$2.41B
Loyalty Program, Co-branded Credit Card And Other Partners	-	-	-	-	-	-	-	-	-	-	-	$1.00B	$1.00B	$1.40B	$800.00M	$835.00M	$684.00M	$1.00B	-	-
Product and Service, Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$705.00M	$607.00M	$514.00M	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$110.00M	$78.00M	$57.00M	-	-	-

American Airlines Group's latest quarterly revenue breakdown by geography, as of Mar 26: Domestic Destination (71.95%), Latin America Destination (15.71%), Atlantic Destination (8.82%), and Pacific Destination (3.52%).

American Airlines Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AAL	American Airlines Group	$54.63B	$13.91B
ALK	Alaska Air Group	$14.24B	$3.77B
SKYW	SkyWest	$4.06B	$1.01B
CPA	Copa	$3.46B	$893.47M

AAL Revenue FAQ

What is American Airlines Group’s yearly revenue?

American Airlines Group's yearly revenue for 2025 was $54.63B, representing an increase of 0.78% compared to 2024. The company's yearly revenue for 2024 was $54.21B, representing an increase of 2.70% compared to 2023. AAL's yearly revenue for 2023 was $52.79B, representing an increase of 7.79% compared to 2022.

What is American Airlines Group’s quarterly revenue?

American Airlines Group's quarterly revenue for Q1 2026 was $13.91B, a -0.62% decrease from the previous quarter (Q4 2025), and a 10.84% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $14B, a 2.25% increase from the previous quarter (Q3 2025), and a 2.48% increase year-over-year (Q4 2024). AAL's quarterly revenue for Q3 2025 was $13.69B, a -4.87% decrease from the previous quarter (Q2 2025), and a 0.32% increase year-over-year (Q3 2024).

What is American Airlines Group’s revenue growth rate?

American Airlines Group's revenue growth rate for the last 3 years (2023-2025) was 3.50%, and for the last 5 years (2021-2025) was 82.83%.

What are American Airlines Group’s revenue streams?

American Airlines Group's revenue streams in c 25 are Product and Service, Other, Cargo and Freight, Passenger Travel, and Passenger. Product and Service, Other generated $4.15B in revenue, accounting 4.14% of the company's total revenue, up 8.64% year-over-year. Cargo and Freight generated $839M in revenue, accounting 0.84% of the company's total revenue, up 4.35% year-over-year. Passenger Travel generated $45.61B in revenue, accounting 45.50% of the company's total revenue, up 1.54% year-over-year. Passenger generated $49.64B in revenue, accounting 49.52% of the company's total revenue, up 0.11% year-over-year.

What is American Airlines Group’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of American Airlines Group was Passenger. This segment made a revenue of $49.64B, representing 49.52% of the company's total revenue.