The chart above displays the net income/loss of the American Airlines Group from 2010 to 2022 in millions of US dollars. In 2022, the company generated a positive net income of $127 million compared to a net loss of $1,993 million in 2021. AAG’s total net revenue in 2022 increased 63.9% compared to the prior year.
Net Income of American Airlines group 2002-2022
Amounts are in $millions.
Year | Net Income/loss ($m) |
2022 | $127 |
2021 | $(1,993) |
2020 | $(8,885) |
2019 | $1,686 |
2018 | $1,412 |
2017 | $1,282 |
2016 | $2,584 |
2015 | $7,610 |
2014 | $2,882 |
2013 | $(1,834) |
2012 | $(1,876) |
2011 | $ (1,979) |
2010 | $ (471) |
2009 | $ (1,468) |
2008 | $(2,531) |
2007 | $456 |
2006 | $189 |
2005 | $ (893) |
2004 | $ (751) |
2003 | $(1,227) |
2002 | $ (2,524) |
In 2020, the American airlines group incurred a net loss of $8,885 million mainly due to the pandemic. Its net loss reduced in 2021 to $1,993 million.
Net Income of the American Airlines Group grew to $1.4 billion in 2018 from $1.3 billion in 2017.
The American Airlines Group is one of the leading airlines companies based in the United States. AAG is the parent company which owns American Airlines, Inc. (American), Envoy Aviation Group Inc., PSA Airlines, Inc. (PSA) and Piedmont Airlines, Inc. (Piedmont). It was formed in 1982 as the parent company of American, which was founded in 1934. The company operated 925 mainline aircraft was of the end of 2022.