With the recent air travel concerns and disruptions, TradingPedia‘s team of financial analysts decided to dive deep into the American Airlines’ Q2 financial report published on 30th of June 2022.
In light of red-hot inflation and growing recession concerns, American Airlines’ Atlantic revenue registered another stunning year-on-year growth in the second quarter, while soaring 1085% to $1.481 billion. That followed a staggering 2018% surge in the first quarter compared to Q1 2021 and a 1142% increase in the fourth quarter of 2021 compared to Q4 2020.
The air carrier’s total passenger revenue (including Domestic, Pacific, Atlantic and Latin America geographic regions) nearly doubled in the second quarter of 2022 compared to Q2 2021 at $12.223 billion.
