|Bid||0.00 x 800|
|Ask||31.72 x 4000|
|Day's Range||30.22 - 31.21|
|52 Week Range||28.81 - 45.82|
|Beta (3Y Monthly)||1.81|
|PE Ratio (TTM)||9.93|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.40 (1.26%)|
|1y Target Est||42.22|
Concern over leveraged loans is raising fears that they could pose a new threat to the economy as did subprime mortgages a decade ago.
U.S. summer air travel will hit a new record this year despite the grounding of Boeing's 737 MAX aircraft after two fatal crashes, a group representing major airlines said on Tuesday. Airlines for America, the trade group representing major U.S. carriers, said it expects 257.4 million passengers to travel on U.S. airlines between June 1 and Aug. 31, up 3.4 percent from last summer’s record 248.8 million passengers. Airlines are adding 111,000 seats daily to accommodate the extra 93,000 passengers expected per day, the group said, in what it forecast will be the 10th consecutive summer of increases in the number of U.S. airline passengers.
American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt U.S. summer travel. The lawsuit, filed in the Northern District of Texas federal court, accuses the mechanics unions of directing a slowdown aimed at disrupting operations to improve their position in labor talks, which began in 2015. American, the world's largest airline by passenger traffic, said the mechanics' action had intensified in recent weeks after causing 650 flight cancellations and more than 1,500 maintenance delays since February.
American Airlines is accusing its mechanics and their unions of conducting an illegal work slowdown to gain leverage in contract talks, and the airline is asking a federal judge to stop the activity.
FORT WORTH, Texas (AP) — American Airlines is accusing its mechanics and their unions of conducting an illegal work slowdown to gain leverage in contract talks, and the airline is asking a federal judge to stop the activity.
Airline stocks were mixed on Monday, as Morgan Stanley upgraded United Airlines but downgraded Delta Air Lines and American Airlines.
The American Airlines uniform saga is ongoing, as the total number of flight attendants believed to have been affected reaches a new high. More American Airline flight attendants complain of health issues over uniforms
Dallas Fort Worth International Airport and American Airlines Group will develop a sixth terminal that would open by 2025, the companies said on Monday. DFW Airport will invest $3 billion to $3.5 billion in the construction of Terminal F and in improving the existing Terminal C. American and DFW Airport expect the investment to be financed by bonds and repaid through airlines rates and charges over the life of the bonds.
A sixth terminal will be built at Dallas Fort Worth International Airport, DFW and American Airlines officials announced Monday.
were down 0.8% Monday after the company was downgraded by analysts at Morgan Stanley who believe the carrier has reached mature valuation. The firm also lowered the price target on the stock to $61 from $62. "As we look at our refreshed 2020 estimates, which are moderately below consensus and reflect pilot step-ups, higher oil, elevated supply growth (3-4% 2019/2020), and healthy LSD RASM, shares are trading closer to an appropriate multiple (of ~9x).
Shares of American Airlines Group Inc. drop to help pace the declines in the airline sector, after Morgan Stanley turned bearish, saying a “cost reset” may be necessary.
In the event of carriers gaining final approval for additional flights to Haneda, their top lines are likely to be driven by significant traffic on the routes.
The disclosure of a problem with the simulator software is a further blow to the credibility of the Boeing brand, which has been seriously damaged in recent months by the two crashes, in which 346 people died. Boeing revealed at the weekend that the software used on the Max training simulator was unable to reproduce some flight conditions, including the conditions which led to the crash of Ethiopian Airlines flight ET302 on March 10. “Boeing has made corrections to the 737 Max simulator software and has provided additional information to device operators to ensure that the simulator experience is representative across different flight conditions,” Boeing said in a statement.
FORT WORTH, Texas, May 17, 2019 -- American Airlines Group Inc. (NASDAQ: AAL) President Robert Isom will present at the 2019 Wolfe Research Global Transportation Conference on.
When the New Orleans new terminal opens later this year, it will be the latest upgrade and expansion of a U.S. airport, a key part of America's infrastructure sorely in need of major renovations.
Once global regulators clear Boeing Co's 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. Quickly reintegrating Boeing's 737 MAX, a fast-selling model because of its fuel efficiency, longer range, and passenger capacity, is crucial for optimising airlines' routes and improving margins after having to cancel thousands of flights. International regulators are meeting on May 23 to review Boeing software and training plans, though doubts remain over how quickly foreign authorities will clear new flights.
American Airlines won two of its four requested routes to Tokyo Haneda International Airport in Japan, including DFW service.
Delta Air Lines and United Airlines are poised to win the most new daytime slots at Tokyo's Haneda International Airport in time for the 2020 Summer Olympics, according to a U.S. Department of Transportation statement on Thursday. Of 12 new slots agreed with Japan, the DOT has tentatively allocated five for Delta, four for United, two for American Airlines Group Inc and one for Hawaiian Airlines.
American Airlines Group Inc. (AAL) (the “Company”) today announced that it priced $750.0 million aggregate principal amount of unsecured senior notes due 2022. The notes will be guaranteed on a senior unsecured basis by the Company’s direct wholly-owned subsidiary, American Airlines, Inc. The Company intends to use the net proceeds from the offering to fund contributions to its pension plans.
The planemaker said it was in the process of submitting a plan on pilot training to the U.S. Federal Aviation Administration (FAA) and would work with the regulator to schedule its certification test flight. The FAA is planning a meeting on May 23 in Fort Worth, Texas, with regulators from around the world to update them on reviews of Boeing's software fix and on pilot training. Aviation regulators from other countries will have to assess Boeing's proposed fixes and clear the aircraft to fly in other regions independently of the FAA.
The IATA invited airlines that use the Boeing 737 Max to meet next week to discuss difficulties from the grounding and next steps.
Stocks rose as investors weighted new headlines with potential implications in the ongoing U.S.-China trade negotiations against stronger-than-expected results from several major Dow components.
Moody's Investors Service ("Moody's) assigned a B1 rating to the new senior unsecured notes due 2022 that American Airlines Group Inc. announced earlier today. The new notes will be guaranteed by subsidiary American Airlines, Inc. The net proceeds are to be contributed to the company's pension plans. Leverage is elevated because of the heavy reliance on debt for repurchasing shares while funding the majority of almost $27 billion of capital investment over the last five years with operating cash flow.