AAL

EX-99.1

2 a8kerexhibit991q2-26.htm

EX-99.1

Document

Exhibit 99.1

Corporate Communications

mediarelations@aa.com

Investor Relations

investor.relations@aa.com

FOR RELEASE: Thursday, July 23, 2026

American Airlines continues to execute on commercial priorities, delivering highest quarterly revenue in company history

FORT WORTH, Texas — American Airlines Group Inc. (NASDAQ: AAL) today reported its second-quarter 2026 financial results, including record quarterly revenue, driven by strong demand for American’s product and solid commercial execution.

Second-quarter highlights:

•Record revenue of $16.7 billion, up 16.3% year over year, the highest quarterly revenue in company history, driven by strong performance across American’s four commercial pillars.

•Strong demand and execution that offset nearly 50% of the over $2.2 billion year-over-year fuel expense increase.

•GAAP net income of $71 million, or $0.11 per diluted share.

•Adjusted net income of $99 million1, or $0.15 per diluted share.

“American delivered year-over-year revenue growth of more than 16% in the second quarter, exceeding our initial expectations and continuing the momentum we’ve built across the business,” said American’s CEO Robert Isom. “This performance reflects the strength of our commercial strategy, driven by our four pillars: elevate the customer experience, grow the global network, drive premium revenue and lead in loyalty. Revenue growth was strong across all entities and cabins, with premium, Main Cabin, domestic and international all up meaningfully year over year. These results demonstrate that our revenue performance and efficiency efforts will continue to drive improved results, and I’m excited about the remainder of 2026 and what’s ahead in 2027 and beyond. Thank you to the American Airlines team for their outstanding execution on our commercial and operational objectives during the quarter.”

The strength of American’s revenue performance and continued efficiency efforts helped to offset a challenging fuel environment. Fuel expense increased by over $2.2 billion, or 83% year over year. American was able to offset nearly 50% of this fuel headwind in the second quarter through higher fares. Fuel prices have remained volatile in recent weeks. Based on the forward fuel curve as of July 21, American expects third-quarter fuel expense to be up $1.7 billion year over year. The company is focused on mitigating the impact of higher fuel expense through robust demand for American’s product and the continued execution of its four-pillar strategy.

American Airlines Reports Second-Quarter 2026 Financial Results

July 23, 2026

Page 2

Revenue performance

The company’s second-quarter results were driven by strong revenue performance across all entities and cabins:

•Premium continued to outperform with passenger unit revenue up 13.4%, while Main Cabin also performed well with passenger unit revenue up 8.8% compared to the second quarter of 2025.

•Domestic demand rebounded nicely year over year with passenger unit revenue growth of 10.6%.

•International demand was strong across all entities, with passenger unit revenue for the Atlantic entity up 8.9%, the Pacific entity up 15.1% and the Latin America entity up 6.6% compared to the second quarter of 2025.

•Demand for business travel also remained strong in the second quarter, with managed corporate revenue increasing 26% year over year.

Elevate the customer experience

American continues to invest in the customer experience, resulting in a 5-point year-over-year improvement in its Net Promoter Score (NPS) in the second quarter. For on-time flights, American saw its NPS increase for the 15th time in the past 17 months. In May, the company announced plans to install Starlink high-speed Wi‑Fi on its fleet beginning in 2027, further advancing onboard connectivity and the overall customer experience.

The company continues to expand and enhance its Admirals Club® and premium lounge network to deliver a more premium experience across the customer journey, including new and upgraded amenities in key locations such as New York (JFK) and Dallas-Fort Worth (DFW), in addition to previously announced plans for Charlotte, North Carolina (CLT), and Miami (MIA).

Grow the global network

American remains focused on optimizing its network to drive profitable growth, supported by continued expansion in high-demand international markets. In the second quarter, the company launched new nonstop routes to Europe, including service to Budapest, Hungary, and Prague from Philadelphia (PHL) and to Athens, Greece, from DFW, further strengthening its position in the premium trans-Atlantic market. American was also the first U.S. carrier to return to Venezuela, with service from MIA to Caracas, reinforcing its leading position in Latin America.

Across its domestic network, the airline continues to enhance connectivity and efficiency through investments in its hubs. These initiatives include the succe

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 27, 2026

AMERICAN AIRLINES GROUP INC.

AMERICAN AIRLINES, INC.

(Exact name of registrant as specified in its charter)

Delaware 1-8400 75-1825172 Delaware 1-2691 13-1502798 (State or other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

1 Skyview Drive,Fort Worth,Texas 76155 1 Skyview Drive,Fort Worth,Texas 76155 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (682) 278-9000 (682) 278-9000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share AAL The Nasdaq Global Select Market Preferred Stock Purchase Rights— (1)

(1) Attached to the Common Stock Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02.RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On January 27, 2026, American Airlines Group Inc. (the Company) issued a press release reporting financial results for the three and twelve months ended December 31, 2025. The press release is furnished as Exhibit 99.1 to this report.

ITEM 7.01.REGULATION FD DISCLOSURE.

On January 27, 2026, the Company provided a presentation to investors. This investor presentation is located on the Company’s website at www.aa.com under “Investor Relations” and is furnished as Exhibit 99.2 to this report. The information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01.FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit No.Description

99.1Press Release, dated January 27, 2026.

99.2Investor Presentation, dated January 27, 2026.

104.1Cover page interactive data file (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines Group Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AMERICAN AIRLINES GROUP INC.

Date: January 27, 2026By: /s/ Devon E. May Devon E. May Executive Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AMERICAN AIRLINES, INC.

Date: January 27, 2026By: /s/ Devon E. May Devon E. May Executive Vice President and Chief Financial Officer