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American Airlines Reports First - Quarter 2021 Financial results April 22 , 2021 FORT WORTH , Texas , April 22 , 2021 ( GLOBE NEWSWIRE ) -- American Airlines Group Inc. ( NASDAQ : AAL ) today reported its first - quarter 2021 financial results , including : • First - quarter revenue of $ 4.0 billion , down 53 % year over year on a 39 % year - over - year reduction in total available seat miles ( ASMs ) . First - quarter net loss of $ 1.3 billion , or ( $ 1.97 ) per share . Excluding net special items¹ , first - quarter net loss was $ 2.7 billion , or ( $ 4.32 ) per share . Raised $ 10 billion through debt offering backed by the AAdvantage program and used a portion of the proceeds to prepay in full the secured loan from the U.S. Department of the Treasury . • Ended the first quarter with approximately $ 17.3 billion of total available liquidity . Company expects to end the second quarter with approximately $ 19.5 billion in total available liquidity . " We are incredibly proud of the American Airlines team for their continued care of our customers and each other , " said American's Chairman and CEO Doug Parker . “ Our team has shown up every day throughout the pandemic and served more customers than any other airline . That focus has served as our inspiration and positions us well as even more customers return to the skies . " Looking forward , with the momentum underway from the first quarter , we see signs of continued recovery in demand . We remain confident the network enhancements , customer - focused improvements and efficiency measures we've put into place will ensure American is well - positioned for the recovery . " American continues to take steps to strengthen its business and respond to the pandemic , with an emphasis on supporting its customers , team members and communities ; reducing costs ; and improving its liquidity position and balance sheet . To support its customers , team members and communities , American : • Enhanced its travel planning tool to help customers make informed decisions on where to travel and what to expect upon arrival . With one click , customers can view quarantine , document or testing requirements , as well as book flights . Expanded acceptance of VeriFLY , the mobile health wallet that simplifies and verifies travel requirements , to include all international flights to the U.S. and flights from the U.S. to 11 countries . American's partners Aer Lingus , British Airways , Iberia and Japan Airlines also began accepting VeriFLY during the first quarter .