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Fact brief: Did American Airlines report $822 million in 2023 profits before laying off hundreds of North Texas employees? | Fort Worth Report

by Robert Van Pash (Editor)
February 7, 2024
in American Airlines
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Yes.

Fort Worth-based American Airlines announced Jan. 29, 2024, that it was laying off 321 Dallas-Fort Worth employees and 335 Phoenix employees from its customer service teams in an effort to improve the customer experience moving forward. 

Currently, American Airlines has multiple teams dedicated to services such as assistance with lost or damaged luggage and loyalty program issues. The company is creating a new all-encompassing “customer success team” division staffed by 135 workers. It is intended to help customers resolve their problems with fewer steps. Those laid off will be offered positions with the division before American Airlines begins accepting other applicants.

Four days prior, on Jan. 25, 2024, the company announced a 2023 net income of $822 million after taxes. Net income increased from $803 million in 2022. American Airlines reported a net loss of $2 billion in 2021, citing pandemic conditions as a factor.

This fact brief is responsive to conversations such as this one. 

Fort Worth Report partners with Gigafact to produce fact briefs — bite-sized fact checks of trending claims. Read our methodology to learn how we check claims.

Sources

American Airlines American Airlines reports fourth-quarter and full-year 2023 financial results

American Airlines American Airlines reports fourth-quarter and full-year 2022 financial results

American Airlines American Airlines reports fourth-quarter and full-year 2021 financial results

The Dallas Morning News American Airlines laying off 321 D-FW employees in customer support overhaul

USA TODAY American Airlines to lay off 656 employees to provide ‘elevated’ customer service

Let us know what you want fact-checked by submitting a tip! Please note that claims that are partially true or false cannot be checked. In addition, we are unable to check claims for which there are no credible, available sources to verify or dispute them.

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Emily Wolf is a local government accountability reporter for the Fort Worth Report. Originally from Round Rock, Texas, she spent several years at the University of Missouri-Columbia majoring in investigative…
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