Why the World’s Biggest Airline Barely Makes Money

American Airlines is the world’s largest carrier by scheduled seats and flights. But in 2025, it earned just $111 million, while Delta made about $5 billion. This video follows the mergers, debt, buybacks, cabin decisions and failed corporate-sales strategy that turned unmatched scale into weak profits—and asks whether American can still catch Delta and United. Narrated By: Tom McKay Inquiries: [email protected] Brought to you by the Behind Asian Team. Source(s): OAG’s Air Travel Statistics 2025; American Airlines’ 2025 annual report and first-quarter 2026 results; Delta and United’s 2025 and first-quarter 2026 financial results; U.S. Justice Department records on the American–US Airways merger; Cirium’s 2025 On-Time Performance Review; J.D. Power’s 2026 North America Airline Satisfaction Study; and Reuters reporting on American’s failed corporate-sales strategy and subsequent reversal.