American Airlines Group Inc (AAL) |
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Price: $13.9600
$-0.03
-0.214%
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Day's High:
| $14.16
| Week Perf:
| -4.71 %
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Day's Low: |
$ 13.88 |
30 Day Perf: |
-6.06 % |
Volume (M): |
21,114 |
52 Wk High: |
$ 19.08 |
Volume (M$): |
$ 294,750 |
52 Wk Avg: |
$14.28 |
Open: |
$13.96 |
52 Wk Low: |
$10.86 |
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Market Capitalization (Millions $) |
9,484 |
Shares
Outstanding (Millions) |
679 |
Employees |
123,400 |
Revenues (TTM) (Millions $) |
52,788 |
Net Income (TTM) (Millions $) |
822 |
Cash Flow (TTM) (Millions $) |
95 |
Capital Exp. (TTM) (Millions $) |
2,596 |
American Airlines Group Inc
American Airlines Group Inc. (AAG), a Delaware corporation, is a holding company
and its principal, wholly-owned subsidiaries are American Airlines, Inc. (American),
US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy,
formerly known as AMR Eagle Holding Corporation). US Airways Group’s principal
subsidiary is US Airways, Inc. (US Airways) and its other wholly-owned subsidiaries
include Piedmont Airlines, Inc. (Piedmont), and PSA Airlines, Inc. (PSA). AAG
was formed in 1982 under the name AMR Corporation (AMR) as the parent company
of American which was founded in 1934. On December 9, 2013, a subsidiary of
AMR merged with and into US Airways Group, which survived as a wholly-owned
subsidiary of AAG, and AAG emerged from Chapter 11. Upon closing of the Merger
and emergence from Chapter 11, AMR changed its name to American Airlines Group
Inc. Virtually all of AAG’s operations fall within the airline industry.
Airline Operations
As noted above, AAG is a holding company whose primary business activity is
the operation of two major network carriers through its principal, wholly-owned
mainline operating subsidiaries: American and, as of December 9, 2013, US Airways.
We continue to move toward operating under the single brand name of “American
Airlines” through our mainline operating subsidiaries. We have made substantial
progress towards integrating the operations of our mainline operating subsidiaries
and towards obtaining a single operating certificate. We are the largest airline
in the world as measured by revenue passenger miles (RPMs) and available seat
miles (ASMs). Together with our wholly-owned regional airline subsidiaries and
third-party regional carriers operating as American Eagle and US Airways Express,
our airlines operate an average of nearly 6,700 flights per day to 339 destinations
in 54 countries from our hubs in Charlotte, Chicago, Dallas/Fort Worth (DFW),
Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.
American and US Airways are members of the oneworld® alliance whose members
and members-elect serve nearly 1,000 destinations with 14,250 daily flights
to 150 countries.
Regional Operations
Certain air carriers, including our wholly-owned regional carriers, Envoy, Piedmont
and PSA, and third-party regional carriers, have arrangements with us to provide
regional feed under the trade name “American Eagle” or “US
Airways Express.” American Eagle and US Airways Express carriers are an
integral component of our operating network. We rely heavily on feeder traffic
from these regional carriers, which carry passengers to our hubs from low-density
markets that are uneconomical for us to serve with large jets. In addition,
regional carriers offer complementary service in our existing mainline markets
by operating flights during off-peak periods between mainline flights.
The American Eagle and US Airways Express arrangements are principally in the
form of capacity purchase agreements. The capacity purchase agreements provide
that all revenues, including passenger, mail and freight revenues, go to us.
In return, we agree to pay predetermined fees to these airlines for operating
an agreed-upon number of aircraft, without regard to the number of passengers
on board. In addition, these agreements provide that we will reimburse 100%
of certain variable costs, such as airport landing fees and passenger liability
insurance. We control marketing, scheduling, ticketing, pricing and seat inventories.
A very small number of regional aircraft are operated for us under prorate agreements,
under which the regional carriers receive a prorated share of ticket revenue
and pay certain service fees to us. The prorate carriers are responsible for
all costs incurred operating the applicable aircraft. All American Eagle and
US Airways Express carriers have logos, service marks, aircraft paint schemes
and uniforms similar to our mainline operations.
Cargo
Our cargo division is one of the largest air cargo operations in the world,
providing a wide range of freight and mail services, with facilities and interline
connections available across the globe.
Company Address: 1 Skyview Drive, Fort Worth, 76155 TX
Company Phone Number: 278-9000 Stock Exchange / Ticker: NASDAQ AAL
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Customers Net Income fell by |
AAL's Customers Net Profit Margin fell to |
-52.62 % |
4.23 %
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Stock Performances by Major Competitors |
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Contract
Published Mon, Mar 4 2024 4:00 PM UTC
American Airlines orders 260 new aircraft from Airbus, Boeing, and EmbraerFORT WORTH, Texas - American Airlines has recently made a significant move in expanding its fleet by announcing orders for 260 new aircraft. The order includes 85 Airbus A321neo, 85 Boeing 737 MAX 10, and 90 Embraer E175 aircraft. Additionally, the airline has also secured options and purchase rights f...
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American Airlines Group Inc
American Airlines Group Inc recently disclosed its financial results for the fourth quarter of 2023 earnings season, showcasing a reduction in earnings per share by -98.04% to $0.02 and a decrease in revenue by -0.955% to $13.06 billion year on year. The net profit per share turned positive from the preceding quarter, with a decrease in revenue by -3.115% from $13.48 billion. Net earnings also fell significantly to $19.000 million in the fourth quarter of 2023, a decrease of -97.63% from the corresponding period a year before. Looking at the company's profitability, American Airlines Group Inc saw its operating margin mitigate to 5.02%, and net margin shrank to 0.15%. The value of inventories declined to $2,400.0 million from the previous quarter, although still marking an increase compared to the same period a year ago. Operating earnings fell by -52.57% to $656 million, squeezing the operating margin to 5.02% from 10.49% in the fourth quarter of 2022. For the financial 12 Months of 2023, the company announced revenue of $52.79 billion and net earnings of $822.00 million, with an increase in EPS by 536.84% to $1.21 per share from the prior year period. The company also highlighted a revenue increase of 7.79% from the previous year. In the midst of these financial results, American Airlines Group Inc received a $75 million equity commitment from Breakthrough Energy Catalyst for investment in Project Roadrunner, aiming to make sustainable aviation fuel (SAF) available under an innovative fuel offtake agreement with American Airlines. This partnership will likely impact the company's future results positively, showing a commitment to sustainability and innovation in the aviation industry.
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Partnership
Published Wed, Nov 29 2023 11:00 AM UTC
eFuels Leader Infinium Receives $75M Equity Commitment from Breakthrough Energy Catalyst for Investment in Project Roadrunner and Investment will enable availability of SAF under innovative fuel offtake agreement with American Airlines, with financial support from Citi and American Airlines Group Inc's Corporate Customers have recorded an advance in their cost of r...
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Financing Agreement
Published Tue, Nov 28 2023 7:00 PM UTC
In a landmark development, Graphyte, a leading provider of carbon removal solutions, has entered into a historic agreement with American Airlines Group Inc. The agreement entails the delivery of 10,000 tons of carbon dioxide removal using the revolutionary new Carbon Casting technology. While this partnership aims to combat the airline industry's environmental impa...
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Shares
Published Thu, Nov 16 2023 3:31 PM UTC
American Airlines Announces $750 Million Private Offering and Term Loan Facility In a recent press release, American Airlines, Inc., a subsidiary of American Airlines Group Inc., has announced its plans for a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2029, as well as its intention to borrow up to $750 million in aggr...
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Per Share |
Current |
Earnings (TTM) |
1.09 $ |
Revenues (TTM) |
77.7 $
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Cash Flow (TTM) |
0.14 $ |
Cash |
12.49 $
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Book Value |
-
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Dividend (TTM) |
0 $ |
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Per Share |
|
Earnings (TTM) |
1.09 $
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Revenues (TTM) |
77.7 $ |
Cash Flow (TTM) |
0.14 $ |
Cash |
12.49 $
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Book Value |
- |
Dividend (TTM) |
0 $ |
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Company Estimates |
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• Revenue Outlook
American Airlines Group Inc does not provide revenue guidance.
• Earnings Outlook
American Airlines Group Inc does not provide earnings estimates.
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