$AAL Q1 RESULTS (VS. ESTIMATES & Y/Y): 🔸 Revenue: $12.55B (-0.2% y/y, est. $12.53B) 🔸 Adj. EPS: -$0.59 (est. -$0.69, y/y -$0.34) 🔸 Adj. Net Loss: $386M (+71% y/y, est. $468.8M) 🔸 Passenger Revenue: $11.39B (-0.6% y/y, est. $11.36B) 🔸 ASM: 69.90B (-0.9% y/y, est. 69.91B) 🔸 RPM: 56.36B (-1.9% y/y, est. 57.23B) 🔸 Load Factor: 80.6% (vs. 81.5% y/y, est. 81.9%) 🔸 Passenger Yield: 20.21¢ (+1.4% y/y) 🔸 CASM-Ex Fuel: $14.54 (+7.8% y/y) 🔸 Total CASM: $18.34 (+2.9% y/y) 🔸 PRASM: $16.30 (+0.3% y/y) 🔸 Aircraft: 1,552 (+2.3% y/y) Q2 Guidance: 🔸 Adj. EPS: $0.50–$1.00 (est. $0.96) 🔸 Capacity: +2% to +4% 🔸 Revenue: -2% to +1% 🔸 CASM-Ex: +3% to +5% 🔸 Adj. Op. Margin: +6% to +8.5%