Last price update: 15 Nov 24 23:00 GMT
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo. As of December 31, 2021, it operated a mainline fleet of 865 aircraft. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1930 and is headquartered in Fort Worth, Texas.
While the top- and bottom-line numbers for American Airlines (AAL) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
It was a good news/bad news fourth quarter for cargo at American Airlines. At face value, cargo revenue fell at a greater clip than the rest of 2022, but yields remained well above the pre-pandemic baseline and the company still generated the second-best annual cargo sales in its history.
David Vernon, a senior transportation analyst at Bernstein, joins 'Power Lunch' to discuss how to trade airline names, the top airline stock to buy now, and the demand for travel in recession times.
Airline stocks rose quickly over the past month as the 2023 air travel outlook appears to be fully returned to pre-pandemic levels. Although recession risks loom large, investors are bracing for a broad "normalization" of the airline industry.
Derek kerr to step down from cfo role at end of year following long planned succession process; kerr to remain at american as vice chair, president of american eagle and strategic advisor derek kerr to step down from cfo role at end of year following long planned succession process; kerr to remain at american as vice chair, president of american eagle and strategic advisor
The airline improved its overall score and remains the only passenger carrier to appear in the index the airline improved its overall score and remains the only passenger carrier to appear in the index
More than 100 wounded warriors and their guests to visit las vegas over veterans day weekend las vegas , nov. 3, 2022 prnewswire mgm resorts international ( nyse mgm) (" mgm resorts" or the " company") will host the united service organizations ( uso) experience salute to the troops, honoring more than 100 wounded warriors and their guests beginning thursday, nov. 10. now in its 12 th year, the five day celebration will take place at its new home at mandalay bay resort & casino.
Airline launches campaign with stand up to cancer ( su2 c) and su2 c ambassador mandy moore mandy moore joins american and su2 c to launch this year' s fundraising campaign with video alongside airline team members. customers earn american airlines aadvantage miles for donations to su2 c during two month campaign.
