Sales for the first half of fiscal year 2025/26 reached €9,059 million, marking a 7.9% organic increase compared to the same period in the previous fiscal year.
Adjusted EBIT grew 13% to €580 million, with the Adjusted EBIT margin improving by 50bps to 6.4% compared to H1 2024/25.
Net profit (Group share) significantly increased to €220 million for H1 2025/26, up from €53 million in the first half of fiscal year 2024/25.
Orders received totaled €10.5 billion in H1 2025/26, representing a 3% organic decrease, while the backlog stood at €96,122 million as of September 30, 2025.
Alstom upgraded its FY 2025/26 organic sales outlook to above 5% (from 3-5% previously), while reaffirming its Adjusted EBIT margin around 7% and Free Cash Flow within €200-400 million.

7 days ago

Press Release

SES Reports Solid 9 Months and Q3 2025 Results Following Intelsat Acquisition

AAL

Earnings

Guidance Update

M&A

SES reported solid 9 months 2025 financial results, with revenue of €1,747 million (+19.8% year-over-year) and Adjusted EBITDA of €849 million (+11.0% year-over-year), reflecting the full consolidation of Intelsat from July 17, 2025.
The company provided a FY25 combined financial outlook, expecting revenue in the range of €2.60-2.70 billion and Adjusted EBITDA in the range of €1.17-1.21 billion, with CapEx reduced to €0.6-0.7 billion.
SES signed €1.4 billion of new business and contract renewals year-to-date 2025, contributing to a total combined gross backlog of €7.1 billion as of September 30, 2025.
An interim 2025 dividend of €104 million (€0.25 per A-share; €0.10 per B-share) was paid on October 16, 2025, with a final 2025 dividend of at least the same amount expected in April 2026.

Nov 6, 2025, 6:30 AM

Press Release

American Airlines Announces Job Cuts Amid Operational Challenges

AAL

Layoffs

Profit Warning

New Projects/Investments

American Airlines is implementing a significant reduction in its corporate workforce, estimated to be between 4% and 5% of its total workforce, primarily affecting mid-management and support roles at its Fort Worth headquarters. Some roles are being transferred offshore to a new operations hub in Hyderabad, India.
Despite reporting record third-quarter revenue, American Airlines suffered a net loss and a Q3 loss of $0.17 per share. The layoffs are aimed at optimizing performance rather than being directly financially motivated.
The airline is navigating operational challenges, including a shortage of air traffic controllers, and is shifting its strategy towards becoming a premium full-service carrier by investing in premium business products and operational improvements.
Financial metrics indicate significant concerns, including a low current ratio (0.54), a quick ratio of 0.42, a debt-to-equity ratio of -9.1, and an Altman Z-Score of 0.72, which signals distress and potential bankruptcy risk within two years.

Nov 4, 2025, 1:27 AM

Bloomberg

American Airlines Discusses Q3 2025 Outlook and Long-Term Revenue Strategy

AAL

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

American Airlines anticipates its third quarter 2025 revenue to align with projections, with booking trends showing improvement from July into August, September, and October.
The company is strategically focused on enhancing revenue performance to address a margin gap, notably through a new exclusive credit card partnership with Citi, which is projected to yield $1.5 billion in EBIT improvement by the end of the decade.
Ongoing cost efficiency initiatives, including re-engineering the business and procurement efforts, have already resulted in over $500 million in working capital improvements and are expected to contribute an additional 1.5 margin points by the end of 2025.
Demand for premium products remains robust, and corporate travel is recovering, with the company on track to restore corporate business to Q1 2023 levels by the end of 2025.
American Airlines expects its third quarter 2025 ASMs to be at the low end of its guidance due to operational challenges, but forecasts increased capacity growth in the fourth quarter of 2025.

Sep 11, 2025, 5:00 PM

Transcript

American Airlines Provides Business Update at Morgan Stanley Conference

AAL

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

American Airlines is comfortable with its third quarter 2025 revenue guide, noting an improving demand environment with August and September better than July, and October looking better than September.
The company is focused on closing its margin gap, attributed to historic revenue underperformance, through initiatives including a new exclusive credit card deal with Citi, projected to drive 10% annual growth and contribute $1.5 billion in EBIT improvement by the end of the decade.
American Airlines continues to drive cost efficiencies, with re-engineering initiatives expected to remove another 1.5 margin points from its cost structure by the end of 2025, and procurement efforts yielding over $500 million in working capital improvements to date.

Sep 11, 2025, 5:00 PM

Transcript

American Airlines Discusses Q3 Outlook and Revenue Strategy at Morgan Stanley Conference

AAL

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

American Airlines is comfortable with its third quarter revenue guide for 2025, with bookings improving from July through October, and ASMs expected at the low end of the guide. The fourth quarter of 2025 is expected to see more capacity growth.
The company is shifting its focus to revenue generation, addressing a margin gap that is 100% accounted for by historic revenue underperformance. Key initiatives include a new exclusive credit card deal with Citi, projected to generate $1.5 billion in EBIT improvement by the end of the decade with 10% annual growth , and restoring sales and distribution performance to 2023 levels by the end of 2025.
American Airlines continues to focus on cost efficiency, with re-engineering initiatives expected to reduce the cost structure by another 1.5 margin points by the end of 2025. Procurement efforts have already resulted in over $500 million in working capital improvements.

Sep 11, 2025, 5:00 PM

Transcript

American Airlines Provides Business Update at Laguna Conference

AAL

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

American Airlines is comfortable with its third quarter revenue guide, despite slightly fewer ASMs, noting improving demand trends from July through October 2025.
The company is significantly focused on revenue improvement, including a new exclusive credit card deal with Citi, projected to reach $10 billion in value and $1.5 billion in EBIT improvement by the end of the decade.
American Airlines continues its focus on cost efficiencies, aiming to remove another 1.5 margin points from its cost structure by the end of 2025, and is actively deploying AI across operations, revenue management, and customer experience.
Capacity for Q3 2025 is expected at the low end of the ASM guide due to operational challenges in July and early August, with a slight increase in capacity growth anticipated for Q4 2025.

Sep 11, 2025, 5:00 PM

Transcript

American Airlines Reports Strong Q2 2025 Results

AAL

Earnings

Revenue Acceleration/Inflection

American Airlines exceeded earnings estimates in Q2 2025, reporting an adjusted EPS of $0.95 and $14.4 billion in revenue.
The company generated $791 million in free cash flow and reduced its net debt to $29 billion, marking its lowest level since 2015.
American Airlines anticipates sequential revenue improvement for the remainder of 2025 and expects a full recovery of indirect channel share by the end of 2025, which is projected to boost revenue in 2026.

Jul 28, 2025, 1:47 PM

Morningstar

American Airlines Group Inc. Reports Q2 2025 Results and Provides Guidance

AAL

Earnings

Guidance Update

New Projects/Investments

American Airlines expects a Q3 2025 loss per share between $0.10 and $0.60 and full-year 2025 earnings per share between a loss of $0.20 and a profit of $0.80, with a midpoint profit of $0.30.
Non-fuel unit costs for Q3 2025 are projected to increase by 2.5% to 4.5% year over year.
The company is investing in customer experience enhancements, including new and expanded premium lounges, the new flagship suite on Boeing 787-9, and operational improvements like TSA Touchless ID and one-stop security.
Active Advantage members have grown 7% year to date, and co-branded credit card spending was up 6% year over year in Q2, with Advantage members accounting for approximately 77% of premium revenue.

Jul 24, 2025, 11:53 PM

Alaska Air Reports Strong Q2 Results and Updates Guidance

AAL

Earnings

Guidance Update

Demand Weakening

Alaska Air reported a strong second quarter, surpassing top and bottom line expectations with record revenues and an 8% pre-tax margin, and its Hawaiian Airlines operation achieved its first quarterly profit since 2019.
The company's full-year guidance was lower than expected, citing a change in consumer sentiment observed since late June/July, which impacted bookings and yields.
An IT outage is projected to have a 10 cent EPS impact for the third quarter.
Despite the revised guidance, Alaska Air's CEO anticipates a better second half of the year compared to the first half, attributing this to an improved industry capacity backdrop, a significant increase in corporate travel, and better bookings and yields.

Jul 24, 2025, 5:44 PM

CNBC Television

Filings & Transcripts

View All Documents

Recent SEC filings and earnings call transcripts for AAL.

No recent filings or transcripts found for AAL.