“American ended the second quarter with $15.6 billion of total available liquidity. Total debt reduction continues to be a top priority and the company remains on track to reduce overall debt levels by $15 billion by the end of 2025.

In the second quarter, the company made $1.0 billion in scheduled debt and finance lease payments, including paying off the remaining $433 million outstanding balance of its $750 million unsecured senior notes that matured in June. To date, American has reduced its overall debt by $5.2 billion from peak levels in the second quarter of 2021.”


1b in scheduled debt payments and a profit. Seems like they are on track. I’d guess the 15b in debt reduction (and subsequent) is built into the financial operating plan, not consuming all profits (something you can’t seem to wrap your head around).