American Airlines Group, Inc. · NASDAQ:AAL
American Airlines — Q2 2022 Earnings Presentation
17 slides from American Airlines's earnings presentation, Jul 21, 2022
Slide 1: = N800AN
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Slide 2: Forward-looking statements
Forward-looking statements Certain of the statements contained in this presentation should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995.
Slide 3: Introductory remarks and commercial update
Introductory remarks and commercial update Robert Isom Chief Executive Officer
Slide 4: 1/ See GAAP to non-GAAP reconciliation at the end of this presentation
• • • • • 1/ See GAAP to non-GAAP reconciliation at the end of this presentation
Slide 5: Recovery timeline
Recovery timeline * Domestic leisure and short-haul international revenue recovered to over 120% of 2019 levels * Domestic business revenue recovered to 110% of 2019 levels, despite corporate/gov't not fully recovered ARevenue Current status Long-haul international Basis of early 0 . International t
Slide 6: 1/ Source- company monthly domestic coupon revenue results
• • 6 1/ Source- company monthly domestic coupon revenue results
Slide 7: Financial update
Financial update Derek Kerr Chief Financial Officer
Slide 8: Note: May not recalculate due to rounding. 1/ See GAAP to non-GAAP reconciliation at
Note: May not recalculate due to rounding. 8 1/ See GAAP to non-GAAP reconciliation at the end of this presentation.
Slide 9: 1/ Total available liquidity is defined as unrestricted cash and marketable securities plus available
• 9 1/ Total available liquidity is defined as unrestricted cash and marketable securities plus available undrawn revolver capacity and other undrawn facilities.
Slide 10: 1/ Total debt includes debt, finance leases, operating lease liability and pension obligations.
• • • • • • 1/ Total debt includes debt, finance leases, operating lease liability and pension obligations.
Slide 11: Repaid
• Repaid 1/ Total debt includes debt, finance leases, operating lease liability and pension obligations. 11 2/ Source: Company filings, as of June 30, 2022. Amounts shown net of scheduled payments on amortizing debt. 3/ Source: Company filings, 2021 includes net inflows from return of PDPs.
Slide 12: Third-quarter and full-year outlook
Third-quarter and full-year outlook . 3Q22: Down ~8% to 10% Wesiell ceypenetiay (PSHM) FY22: Down ~7.5% to 9.5% Total revenue 3Q22: Up ~10% to 12% TRASM 3Q22: Up ~20% to 24% 3Q22: Up ~12% to 14% . ree CASM excluding fuel and net special items FY22: Up ~10% to 12% Pre-tax margin excluding net special
Slide 13: Thank you to an amazing team!
N= i | — < Thank you to an amazing team!
Slide 14: Reconciliation of GAAP Financial Information to Non-GAAP Financial Information
Reconciliation of GAAP Financial Information to Non-GAAP Financial Information American Airlines Group Inc. (the Company) sometimes uses financial measures that are derived from the condensed consolidated financial statements but that are not presented in accordance with GAAP to understand and evalu
Slide 15: Reconciliation of Pre-Tax Income Excluding Net Special Items
3 Months Ended Percent June 30, Increase Reconciliation of Pre-Tax Income (Loss) Excluding Net Special Items 2022 2021 (Decrease) (in millions, except share and per share amounts) Pre-tax income (loss) as reported $ 603 $ 9 Pre-tax net special items: Mainline operating special items, net (1) (5) (1,
Slide 16: Reconciliation of Operating Income Excluding Net Special Items
3 Months Ended June 30, Reconciliation of Operating Income (Loss) Excluding Net Special Items 2022 2021 (in millions) Operating income (loss) as reported $ 1,017 $ 441 Operating net special items: Mainline operating special items, net (1) (5) (1,288) (2) Regional operating special items, net - (167)
Slide 17: American®,
American®, Airlines
American Airlines Group — Q2 2022 Earnings Presentation on 6ix