American Airlines Group Inc. reported yesterday its fourth-quarter and full-year 2024 financial results, including:

Record fourth-quarter revenue of $13.7 billion and record full-year revenue of $54.2 billion

Fourth-quarter and full-year GAAP net income of $590 million and $846 million, or $0.84 and $1.24 per diluted share, respectively

Excluding net special items, fourth-quarter and full-year net income of $609 million and $1.4 billion, or $0.86 and $1.96 per diluted share, respectively

Generated $4 billion in full-year operating cash flow and record full-year free cash flow of $2.2 billion

Announced an exclusive 10-year co-branded credit card partnership with Citi, which is expected to unlock even more value for AAdvantage^®co-branded and Citi-branded cardmembers

Achieved total debt reduction goal of $15 billion from peak levels — a full year ahead of schedule.