US02376R1023 - Common Stock
AMERICAN AIRLINES GROUP INC
NASDAQ:AAL (4/25/2024, 7:00:00 PM)
Premarket: 14.1 -0.03 (-0.21%)14.13
+0.21 (+1.51%)
American Airlines Group, Inc. is a holding company, which engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The company is headquartered in Fort Worth, Texas and currently employs 132,800 full-time employees. The company went IPO on 2013-12-09. Its primary business activity is the operation of a network air carrier. The Company, together with its regional airline subsidiaries and third-party regional carriers, operates under the American Eagle brand, providing scheduled air transportation for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia and partner gateways, including in London, Doha, Madrid, Seattle/Tacoma, Sydney and Tokyo. Its subsidiaries include American Airlines, Inc., Envoy Aviation Group Inc., PSA Airlines, Inc. and Piedmont Airlines, Inc. Its cargo division provides a range of freight and mail services with facilities and interline connections available across the globe. The company operates 925 mainline aircraft supported by its regional airline subsidiaries and third-party regional carriers, which together operated an additional 536 regional aircraft.
AMERICAN AIRLINES GROUP INC
1 Skyview Drive
Fort Worth TEXAS 75261
P: 16822789000
CEO: W. Douglas Parker
Employees: 132800
South West Airlines and American Airlines reported losses in the first quarter of 2024.
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Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. Demand for travel remains strong, including among business flyers, but airlines are dealing with higher labor costs, and delays in getting new aircraft from Boeing are limiting their ability to add more flights.
AAL stock results show that American Airlines Group missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
While the top- and bottom-line numbers for American Airlines (AAL) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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