American Airlines Group (AAL) revenue breakdown
By product, Passenger travel is the largest at 83% of fiscal 2025 revenue; Loyalty revenue - travel grew fastest, 31% a year over 5 years.
Revenue by product
Fiscal years, as American Airlines Group reports them in its 10-K filings; fiscal 2025 total $54.6B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Passenger travel | $34.3B | $36.2B | $37.5B | $42.0B | $13.5B | $23.9B | $41.4B | $44.9B | $45.7B | $45.6B | 83% |
| Loyalty revenue - travel | — | — | — | — | $1.1B | $2.2B | $3.1B | $3.6B | $3.8B | $4.0B | 7% |
| Loyalty revenue - marketing services | — | — | — | — | $1.8B | $2.2B | $2.7B | $2.9B | $3.3B | $3.5B | 6% |
| Cargo | $785M | $890M | $1.0B | $863M | $769M | $1.3B | $1.2B | $812M | $804M | $839M | 2% |
| Other revenue | $440M | $477M | $500M | $2.9B | $225M | $339M | $513M | $535M | $564M | $640M | 1% |
| Loyalty revenue - travel | $2.8B | $3.0B | $3.2B | — | — | — | — | — | — | — | — |
| Loyalty revenue - marketing services | $1.9B | $2.1B | $2.4B | — | — | — | — | — | — | — | — |
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Where does American Airlines Group make its money?
In fiscal 2025, by product: Passenger travel $45.6B, Loyalty revenue - travel $4.0B, Loyalty revenue - marketing services $3.5B, Cargo $839M, Other revenue $640M.
From American Airlines Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.