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American Airlines Group Announces 2013 Financial Results and Fleet Forecast for 2014

On Tuesday, American Airlines Group (AAG) announced fourth quarter and end of year financial results for 2013. The results combined the full quarter of American Airlines with 22 days of US Airways results, beginning after the close of merger on December 9. 

The company reported nearly $2 billion in losses at the end of the year, mostly due to one-time charges related to the merger.  Excluding these and other special charges, the combined airline earned $1.95 billion in 2013, exceeding expectations. 

The report also included the 2014 fleet plans for the combined American Airlines/US Airways fleet. Here are the changes:

Mainline:

  • All 737-400 aircraft will be retired by the third quarter of 2014
  • 12 767-200 aircraft will be retired by the end of 2014, leaving 7 in the combined fleet
  • 19 757-200 aircraft, 25 MD80 aircraft, and 4 A320 aircraft will be retired from the combined fleet by the end of 2014
  • 52 A320 series aircraft will enter the fleet, comprised of 10 A319 and 42 A321 aircraft
  • 3 A330-300 aircraft will enter the fleet, completing US Airways’ original order
  • 20 737-800 aircraft will join the fleet, bringing the total to 246 aircraft
  • 6 777-300ER aircraft will enter the fleet
  • The first two 787-8 aircraft will enter the fleet, with deliveries staring in November

Regional

  • 25 E140 aircraft and 2 Dash-100 aircraft will be retired 
  • 19 CRJ-900 aircraft will be added, with 15 to be flown by fully-owned subsidiary PSA Airlines, Inc.
  • 24 E175 aircraft will be added. 

In addition, photos of the first US Airways aircraft to be repainted in American Airlines colors were released on January 28. The first aircraft repainted is N700UW, formerly adorned in a special Star Alliance livery. The aircraft will feature the standard American Airlines livery, with a decal placed next to the L1 door reading “Operated by US Airways”. A US Airways flag will also be placed on the main landing gear door. It is expected to enter service on January 30.

The aircraft can be seen here.

 

US Airways will exit Star Alliance on March 30, and all references to the alliance must be removed from US Airways prior to that date. In preparation for entry into oneworld, the Star Alliance logo on many aircraft has been concealed. Airport signage is expected to change in the coming weeks. 

 

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