What drove American Airlines' operating profit surge in 2022?

American Express' operating profit for 2022 is not currently available. However, we can infer several potential factors that may have contributed to its growth based on relevant information:

1. **Improved Discount Revenues**: American Express expects revenue growth in the range of 23-25% for 2022, with discount revenues being a major contributor. The company's network volumes, driven by global economic recovery and growing travel and entertainment-related volumes, are expected to support this growth.
2. **Innovative Card Offerings and Digital Solutions**: The company's focus on innovative card offerings and advanced digital solutions suite is likely to have boosted its operating profit. These offerings are well-positioned to capitalize on emerging consumer trends and market opportunities.
3. **Strong Financial Position**: American Express' strong financial position, as indicated by its solid return on equity and consistent cash levels, provides a stable foundation for its operations and investments. This financial strength likely contributes to its operating profit margins.
4. **Strategic Initiatives**: The company's differentiated customer acquisition strategy, particularly targeting Millennials and Gen Zs, is expected to drive future revenue growth. This strategic focus may have also contributed to its operating profit surge.

In summary, American Express' operating profit surge in 2022 can be attributed to improved discount revenues, innovative card offerings, a strong financial position, and strategic initiatives. These factors collectively position the company for continued growth and profitability.