Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors.

Excluding net special charges and fuel, mainline CASM was 9.22 cents, up 6.3 percent compared to the fourth quarter 2014. These charges were offset in part by a $22 million gain associated with the sale of an investment and a $17 million early debt extinguishment gain associated with the repayment of Americans AAdvantage loan with Citibank. American Airlines Group Reports Record Fourth Quarter and Full Year Profit. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 1,155m, -95.3% 306 0 obj

All Rights Reserved. Excluding net special charges and fuel, mainline CASM was 8.99 cents, up 4.2 percent versus 2014. The Company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements except as required by law. Most stock quote data provided by BATS. Where you can find all our annual reviews, quarterly reports, traffic stats, as well as presentations and webcasts. ronan IAG combines leading airlines in Ireland, Spain and the UK, enabling them to enhance their presence in the aviation market while retaining their individual brands operations. Our unique structure drives growth and innovation to generate superior shareholder returns. By continuing to use this site you are consenting to these choices. site you are consenting to these choices. The Company believes that the non-GAAP financial measures provide investors the ability to measure financial performance excluding special items, which is more indicative of the Companys ongoing performance and is more comparable to measures reported by other major airlines. The credit for these results goes to our outstanding team members, who have provided excellent customer service.

In 2015, its stock joined theS&P 500 index. 26,706m, +3.5pts American Airlines acquired 1 company. Approximately 1,000 American Airlines employee volunteers supported the 2015 event, which raised a record $2.2 million, American received, for the 14th consecutive year, the highest possible ranking by the Human Rights Campaign in the 2016 Corporate Equality Index, a nationally recognized benchmark of America's top workplaces for inclusion of LGBT employees, Americans Be Pink campaign raised $1.8 million in cash and frequent flyer mile donations for Susan G. Komen, which raises money to fight breast cancer, and the American Cancer Society, The Environmental Protection Agency announced American is now ranked 43rd on their Fortune 500 list of the largest green power users, Recognized four employees with the 2015 Earl G. Graves Award for Leadership in Diversity and Inclusion for their work in making a lasting impression in the workplace, in the community and as role models in diversity, Awarded $565,000 in college scholarships to 210 dependents of employees through the American Airlines Education Foundation, including 40 for first-generation college attendees, Launched Fuel Smart, a company-wide fuel saving program to reduce usage of aircraft auxiliary power units when jets are parked on the ground; a portion of the savings generated by this reduced usage will benefit Air Compassion for Veterans, a nonprofit organization providing air transportation to injured veterans and active duty military traveling for medical, rehabilitation, or other veteran-related purposes, In 2015, American Airlines employees participated in more than 11,600 volunteer events in their communities, contributing more than 77,000 hours of volunteer time in the communities where they live and where American provides service. To be the worlds leading airline group, maximising sustainable value creation for our shareholders and customers. Regional CASM excluding net special charges and fuel increased 0.9 percent to 16.09 cents versus 2014. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. The average payment period was calculated in accordance with the provisions of this law, including exclusively the Group companies based in Spain. Full year 2015 total operating expenses were $34.8 billion, down 9.4 percent versus 2014. %%EOF hRK@vR) Regional CASM excluding net special charges and fuel was 16.10 cents, up 1.5 percent on a 1.4 percent increase in regional ASMs versus the fourth quarter 2014. Restricted cash and short-term investments, Aircraft fuel, spare parts and supplies, net, Less accumulated depreciation and amortization, Current maturities of long-term debt and capital leases, Long-term debt and capital leases, net of current maturities, Total liabilities and stockholders equity, Adopted a single reservations system with zero customer disruption, Reached ratified contracts with industry-leading pay rates for pilots, flight attendants, and customer service and reservation agents, Received a single operating certificate from the Federal Aviation Administration, meaning American is regulated as one airline, Merged American Airlines Vacations and US Airways Vacations, Merged frequent flyer programs by moving US Airways Dividend Miles members into AAdvantage, Opened the new state-of-the-art Robert W. Baker Integrated Operations Center in Fort Worth, Announcedplans to expand the airlines Fort Worth campus so that support staff and leadership team members work alongside the airlines training and integrated operations support teams, Optimized the airlines flight schedules at Chicago OHare International Airport and Dallas Fort Worth International Airport, Expanded bag tracking technology to the whole airline, enabling customers to track checked baggage in real time, Brought the number of airports with co-located operations to 140, and consolidated all mainline operations at Dallas Fort Worth International Airport into three terminals, gaining efficiencies in gate use and line maintenance, Announced changes to the AAdvantage program that become effective throughout 2016. %PDF-1.6 % These charges were offset in part by a $66 million credit related to proceeds received from a legal settlement and a $53 million credit for bankruptcy related items primarily consisting of fair value adjustments for bankruptcy settlement obligations. <>/Filter/FlateDecode/ID[<1A9DC93255B3B2110A00A0CAA934FE7F>]/Index[303 336]/Info 302 0 R/Length 329/Prev 1265179/Root 304 0 R/Size 639/Type/XRef/W[1 3 1]>>stream

Regional operating special items, net (2), Income before income taxes as adjusted for special items, Non-cash income tax provision (benefit) (4). Passenger load factor Cargo tonne km Sous le patronage du Ministre de lIndustrie du commerce et de lartisanat, reprsent par son Secrtaire Gnral et son Directeur de Cabinet, elle Les forums de prparation la campagne agricole 2021-2022 se sont drouls du 05 au 10 Mai 2021 dans toutes les zones cotonnires de la SOCOMA, traduisant ainsi le dbut de la campagne agricole cotonnire. The Company was also named the Best Cargo Airline of the Americas for the eighth consecutive year, Opened a new 25,000-square foot dedicated pharmaceutical cargo cold storage facility in Philadelphia, Introduced the Boeing 787 Dreamliner to the Companys fleet. These risks and uncertainties include, but are not limited to the following: significant operating losses in the future; downturns in economic conditions that adversely affect the Companys business; the impact of continued periods of high volatility in fuel costs, increased fuel prices and significant disruptions in the supply of aircraft fuel; competitive practices in the industry, including the impact of low cost carriers, airline alliances and industry consolidation; the challenges and costs of integrating operations and realizing anticipated synergies and other benefits of the merger transaction with US Airways Group, Inc.; the Companys substantial indebtedness and other obligations and the effect they could have on the Companys business and liquidity; an inability to obtain sufficient financing or other capital to operate successfully and in accordance with the Companys current business plan; increased costs of financing, a reduction in the availability of financing and fluctuations in interest rates; the effect the Companys high level of fixed obligations may have on its ability to fund general corporate requirements, obtain additional financing and respond to competitive developments and adverse economic and industry conditions; the Companys significant pension and other post-employment benefit funding obligations; the impact of any failure to comply with the covenants contained in financing arrangements; provisions in credit card processing and other commercial agreements that may materially reduce the Companys liquidity; the impact of union disputes, employee strikes and other labor-related disruptions; any inability to maintain labor costs at competitive levels; interruptions or disruptions in service at one or more of the Companys hub airports; costs of ongoing data security compliance requirements and the impact of any significant data security breach; any inability to obtain and maintain adequate facilities, infrastructure and slots to operate the Companys flight schedule and expand or change its route network; the Companys reliance on third-party regional operators or third-party service providers that have the ability to affect the Companys revenue and the publics perception about its services; any inability to effectively manage the costs, rights and functionality of third-party distribution channels on which the Company relies; extensive government regulation, which may result in increases in the Companys costs, disruptions to the Companys operations, limits on the Companys operating flexibility, reductions in the demand for air travel, and competitive disadvantages; the impact of the heavy taxation on the airline industry; changes to the Companys business model that may not successfully increase revenues and may cause operational difficulties or decreased demand; the loss of key personnel or inability to attract and retain additional qualified personnel; the impact of conflicts overseas, terrorist attacks and ongoing security concerns; the global scope of the Companys business and any associated economic and political instability or adverse effects of events, circumstances or government actions beyond its control, including the impact of foreign currency exchange rate fluctuations and limitations on the repatriation of cash held in foreign countries; the impact of environmental regulation; the Companys reliance on technology and automated systems and the impact of any failure of these technologies or systems; challenges in integrating the Companys computer, communications and other technology systems; losses and adverse publicity stemming from any accident involving any of the Companys aircraft or the aircraft of its regional or codeshare operators; delays in scheduled aircraft deliveries, or other loss of anticipated fleet capacity, and failure of new aircraft to perform as expected; the Companys dependence on a limited number of suppliers for aircraft, aircraft engines and parts; the impact of changing economic and other conditions beyond the Companys control, including global events that affect travel behavior such as an outbreak of a contagious disease, and volatility and fluctuations in the Companys results of operations due to seasonality; the effect of a higher than normal number of pilot retirements and a potential shortage of pilots; the impact of possible future increases in insurance costs or reductions in available insurance coverage; the effect of a lawsuit that was filed in connection with the merger transaction with US Airways Group, Inc. and remains pending; an inability to use net operating losses carried forward from prior taxable years (NOL Carryforwards); any impairment in the amount of goodwill the Company recorded as a result of the application of the acquisition method of accounting and an inability to realize the full value of the Companys and American Airlines respective intangible or long-lived assets and any material impairment charges that would be recorded as a result; actions that the Company may take in connection with its integration with US Airways that may not be to its advantage on a stand-alone basis; price volatility of the Companys common stock; the effects of the Companys capital deployment program and the limitation, suspension or discontinuation of the Companys share repurchase program or dividend payments thereunder; delay or prevention of stockholders ability to change the composition of the Companys board of directors and the effect this may have on takeover attempts that some of the Companys stockholders might consider beneficial; the effect of provisions of the Companys Restated Certificate of Incorporation and Amended and Restated Bylaws that limit ownership and voting of its equity interests, including its common stock; the effect of limitations in the Companys Restated Certificate of Incorporation on acquisitions and dispositions of its common stock designed to protect its NOL Carryforwards and certain other tax attributes, which may limit the liquidity of its common stock; and other economic, business, competitive, and/or regulatory factors affecting the Companys business, including those set forth in the Companys Quarterly Report on Form 10-Q for the period ended September 30, 2015 (especially in Part II, Item 1A, Risk Factors and Part I, Item 2, Managements Discussion and Analysis of Financial Condition and Results of Operations) and other risks and uncertainties listed from time to time in the Companys other filings with the SEC. endstream In addition, as part of the Companys Flights for 50 awards program, American employees donated more than 6.4 million frequent flier miles to nonprofit organizations in their communities, $450 million of operating special charges primarily related to merger integration expenses, $592 million nonoperating special charge related to a write-off of the value of Venezuelan bolivars held by the Company, $3.0 billion special non-cash benefit related to the reversal of the Companys tax valuation allowance. As of Dec. 31, 2015, the Company had $6.9 billion in total cash and short term investments, of which $695 million was restricted (the foregoing amounts are after giving effect to the write-off of Venezuelan bolivars described in the special items section below). All rights reserved. Their latest investment was in GOL Linhas Aereas Inteligentes as part of their Corporate Minority - P2P - II on April 4, 2022. Expanded the Companys agreement with Alaska Airlines that allows full access of Americans network to Alaska customers as well as reciprocal airport club access, Signed a codeshare agreement with Korean Air to place its code on American flights between Dallas Fort Worth International Airport and Seoul, South Korea, Became the official airline partner of the Los Angeles Clippers and was named the official airline of the Chicago Cubs and Wrigley Field, Hosted Sky Ball XIII at the airlines DFW hangar. In the fourth quarter, the Company returned $1.2 billion to its shareholders through the payment of $72 million in quarterly dividends and the repurchase of $1.1 billion of common stock, or 25.6 million shares.

The 2015 fourth quarter nonoperating special items totaled a net charge of $592 million related to a write off of all of the value of Venezuelan bolivars held by the Company due to continued lack of repatriations and deterioration of economic conditions in Venezuela.

In the fourth quarter, the Company recognized approximately $2.0 billion in net special credits, including: The Companywill conduct a live audio webcast of its earnings call today at7:30 a.m. CT, which will be available to the public on a listen-only basis at Fourth quarter consolidated passenger yield was 15.34 cents, down 8.9 percent versus the prior year. The profile is currenly unclaimed by the seller. American Airlines Group Inc. (the Company) is providing the reconciliation of reported non-GAAP financial measures to their comparable financial measures on a GAAP basis. All information is provided by CB Insights. Passengers Carried <>stream The 2015 fourth quarter and twelve month period regional operating special items principally related to merger integration expenses. Such statements include, but are not limited to, statements about future financial and operating results, the expected change in PRASM, the Companys plans, objectives, estimates, expectations and intentions, and other statements that are not historical facts. Their latest acquisition was US Airways on October 16, 2015. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. 4,103m, -56.8 pts

This represents a 50 percent improvement over the Companys 2014 net profit excluding special charges of $4.2 billion, or $5.70 per diluted share. This compares to a GAAP net profit of $597 million in the fourth quarter of 2014, or $0.82 per diluted share. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. 458m. When combined with the dividends and shares repurchased during the first three quarters of 2015, the Company returned $3.9 billion to its shareholders in 2015 and reduced its shares outstanding by repurchasing 85.1 million shares for $3.6 billion. <>/ExtGState<>/Font<>/Pattern<>/Properties<>/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 305 0 obj Consolidated passenger revenue per ASM (PRASM) was 12.69 cents, down 6.0 percent versus the fourth quarter 2014. The Companys 2015 pretax margin excluding net special credits was a record 15.3 percent, up 5.5 percentage points versus 2014. startxref Passengers Carried spadina abner kneeland lemuel blasphemy regenerative foreigner busted convicted martyr 1838 sequences basic 1936 judicial anns merton wistar