American Airlines Group (AAL) Q2 FY26 earnings call

American Airlines delivered record revenue in Q2 FY26, driven by robust demand across all cabins and regions, and strong execution of its four-pillar commercial strategy. Despite significant fuel headwinds, the company demonstrated strong cost discipline and liquidity. Management remains confident in its ability to expand margins and generate sustained free cash flow as fuel prices normalize, positioning American for long-term value creation.