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. Its total net revenue was even higher in 2022 than 2019. AAG generated total $48,971 million in consolidated net revenue in 2022 compared to $29,882 million in the previous year and $17,337 million in 2020. Its net losses caused by the pandemic in 2022 was also the highest in its history.
The number of passengers carried by AAG is also returning to the pre-pandemic level in 2022. AAG carried around 199 million passengers in 2022 compared to around 165 million in the prior year and only 95 million in 2020.
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.
In 2019, the net income of AAG improved slightly compared to the prior year. The company generated total $1,686 million in net income in 2019 compared to $1,412 million in 2018.
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.