American Airlines’ First-Quarter Earnings Weighed Down by Slowing Demand, DC Accident

American Airlines’ First-Quarter Earnings Weighed Down by Slowing Demand, DC Accident
An American Airlines passenger plane is parked at a gate at Philadelphia International Airport in Pa., on Dec. 13, 2024. Daniel Slim/AFP via Getty Images
Wesley Brown
Updated:
0:00

American Airlines Group had a bumpy ride in the first quarter as losses continued to pile up for the nation’s largest airline due to myriad issues that have hammered the company’s stock and diminished the carrier’s global operations.

During a conference call with analysts on April 24 to highlight the company’s first-quarter results, American Airlines CEO Robert Isom said the disappointing first-quarter results led the Dallas-based carrier to join Delta, Southwest, and Alaska Airlines in pulling its yearly outlook because of economic uncertainty.
Wesley Brown
Wesley Brown
Author
Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.