For the quarter ending 2026-03-31, AAL had -$54M decrease in cash & cash equivalents over the period. $3,412M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net cash provided by operating activities | 4,223 | -274 | -46 | 963 |
| Capital expenditures and aircraft purchase deposits | 811 | 1,630 | 826 | 499 |
| Proceeds from sale-leaseback transactions and sale of property and equipment | - | 101 | 43 | 200 |
| Purchases of short-term investments | 2,773 | 104 | 121 | 2,874 |
| Sales of short-term investments | 1,263 | 1,245 | 1,825 | 1,770 |
| Decrease in restricted short-term investments | -15 | -23 | -53 | 158 |
| Other investing activities | 22 | 25 | 0 | -287 |
| Net cash used in investing activities | -2,328 | -390 | 974 | -1,274 |
| Payments on long-term debt and finance leases | 2,324 | 1,417 | 1,722 | 1,003 |
| Proceeds from issuance of long-term debt | 997 | 1,604 | 510 | 1,334 |
| Net proceeds from fuel financing-Fuel Financing Arrangement | - | 840 | - | - |
| Net payments on fuel financing | -554 | - | - | - |
| Other financing activities | -68 | -245 | 291 | -20 |
| Net cash used in financing activities | -1,949 | 782 | -921 | 311 |
| Net increase (decrease) in cash and restricted cash | -54 | 118 | 7 | 0 |
| Cash and restricted cash at beginning of period | 1,056 | 938 | 931 | 931 |
| Cash and restricted cash at end of period | 1,002 | 1,056 | 938 | 931 |
American Airlines Group Inc. (AAL)
American Airlines Group Inc. (AAL)