On December 5, 2024, American Airlines and Citigroup announced a new agreement making Citi the exclusive issuer of the AAdvantage co-branded credit card portfolio in the U.S. starting January 2026. This 10-year partnership aims to enhance loyalty and rewards offerings for AAdvantage members and Citi cardholders, projecting a 10% annual growth in cash remuneration from co-branded credit cards.For the 12 months ending September 30, 2024, American's cash remuneration from these partnerships was approximately $5.6 billion. The new agreement is expected to increase annual pre-tax income by $1.5 billion as remuneration approaches $10 billion annually.Additionally, American Airlines updated its Q4 2024 financial guidance, expecting TRASM to be flat to up 1% YoY and CASM-ex to rise 5% to 6%. Adjusted earnings per diluted share are projected between $0.55 and $0.75, exceeding prior guidance.

On December 5, 2024, American Airlines and Citigroup announced a new agreement making Citi the exclusive issuer of the AAdvantage co-branded credit card portfolio in the U.S. starting January 2026. This 10-year partnership aims to enhance loyalty and rewards offerings for AAdvantage members and Citi cardholders, projecting a 10% annual growth in cash remuneration from co-branded credit cards.For the 12 months ending September 30, 2024, American's cash remuneration from these partnerships was approximately $5.6 billion. The new agreement is expected to increase annual pre-tax income by $1.5 billion as remuneration approaches $10 billion annually.Additionally, American Airlines updated its Q4 2024 financial guidance, expecting TRASM to be flat to up 1% YoY and CASM-ex to rise 5% to 6%. Adjusted earnings per diluted share are projected between $0.55 and $0.75, exceeding prior guidance.