American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated 946 mainline aircrafts, as well as 587 regional aircrafts through regional airline subsidiaries and third-party regional carriers. It serves 350 destinations in approximately 50 countries. 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 1934 and is headquartered in Fort Worth, Texas.
Reported before open today (4/22/16) Earnings: EPS $1.25 and revenue $9.4B Estimates: EPS $1.19 and revenue $9.44B
American Airlines Finds a New WiFi Provider Shares of inflight connectivity provider Gogo(NASDAQ: GOGO) were down meaningfully Friday after a competitor disclosed that it won an important contract with American Airlines Group(NASDAQ: AAL). That competitor, ViaSat(NASDAQ: VSAT) has been awarded the job of outfitting the carrier's 737 MAX fleet with WiFi service. Read full article here: http://www.msn.com/en-us/money/companies/american-airlines-finds-a-new-wifi-provider/ar-BBtQe7S
American Airlines to reward dollars spent, not miles flown For years, airlines have been turning air travel, which used to be about getting from place to place in relative comfort, into a status competition geared toward the biggest spenders. American Airlines took it a step farther Monday, confirming that starting Aug. 1 its AAdvantage frequent flyer rewards program — the industry’s oldest and largest with about 100 million members — would no longer be based on miles flown, but unabashedly on how much passengers spend. Read full article here: http://www.msn.com/en-us/money/comp...ward-dollars-spent-not-miles-flown/ar-BBtWgKr
American, Delta, United and U.K. Carrier Shares Continue to Fall Post-'Brexit' https://www.thestreet.com/story/136...rier-shares-continue-to-fall-post-brexit.html Shares in the three global U.S. airlines were falling in premarket trading on Monday, as investors continued to react to "Brexit"-scare induced expectations of declining trans-Atlantic traffic.
Reported before open today (7/22/16) Earnings: EPS $1.77 Revenue $10.4B Estimates: EPS $1.68 Revenue $10.32B Up 3.12% today so far
Time to short? No sell signal is detected but this bearish pattern may signal a big fall next few months
Analyst Upgrade/Downgrade Update Brokerage firm: Imperial Capital Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: In-line Previous Price Target: $40 Current Price Target: $43
Upcoming dividend information: Ex-Div-Date: 11/3/16 Payment Date: 11/21/16 Dividend: $0.10 Current Price: $39.90 Annual Yield: 1.00%
AAL, UAL will be interesting to see if pent up demand exists as the previous administration depressed the economy
Fake news story corrected, Brian Ross suspended, senate passes tax bill, airlines reporting traffic, big day today!
American Airlines is a highly leveraged company. This is indicated by the fact that the ratio of its long-term debt-to-equity (expressed as a percentage) is currently well over 500. This compares unfavorably to the figure of 86.3 for its industry and also the S&P 500 index, for whom the measure reads 94%. Besides, its profitability is declining. The YoY profit margin change was -2.11pp.