|Bid||28.35 x 4000|
|Ask||28.40 x 1400|
|Day's Range||28.07 - 28.72|
|52 Week Range||24.23 - 37.23|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||8.04|
|Earnings Date||Jan 22, 2020|
|Forward Dividend & Yield||0.40 (1.42%)|
|Ex-Dividend Date||Nov 03, 2019|
|1y Target Est||36.44|
American Airlines Group Inc. ("Parent" and, together with American Airlines, Inc. "American") will guarantee the new loan. The Parent's Ba3 corporate family rating reflects American's scale and competitive position as the world's second largest airline based on revenue, balanced by elevated financial leverage above 5x from a historically aggressive financial policy and an operating margin that continues to trail industry peers. Leverage remains elevated because of the heavy reliance on debt for repurchasing more than $11 billion of its shares while funding the majority of almost $26 billion of capital investment mainly from operating cash flow over the most recent five years.
Moody's Investors Service has upgraded Metropolitan Knoxville Airport Authority, TN's (authority) Local Government Public Improvement Bonds (Revenue Program V), Series V-A-1 to A3 from Baa1. The bonds were originally issued by the Sevier County Public Building Authority, TN. The upgrade to A3 reflects the strong enplanement growth at McGhee Tyson Airport (TYS or airport) in recent periods, which has directly resulted in improved financial performance.
American continues to add new routes from O'Hare as it seeks to capture a larger share of the air travel market.
British Airways' coming improvements in premium lounges at O'Hare are part of an $8.5 billion investment the carrier is making across all parts of its operations.
Airfares at Piedmont Triad International Airport declined by 6.2% in 2019, ranking it fourth in round-trip cost among all North Carolina airports.
American Airlines (AAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Airlines are taking the troubled jet out of schedules until late spring. No one is sure why, but Boeing stock is up on the news.
Losing IPO Companies Match Dot Com Bubble Record The Wall Street Journal reports that the initial public offering market is showing serious signs of bubble territory. Over three quarters of all companies that conducted an IPO over the last two years are money-losing companies. That is a record high matched in 1999 at the peak […]The post Market Morning: IPO Losers, Impeachment Begins, Yamaha Warning, Southwest Cancels More 737 Flights appeared first on Market Exclusive.
In what was an expected move, Southwest Airlines again pushed back the projected return of the 737 Max to its schedule. The beleaguered plane is now out of Southwest's network through June 6, the Dallas-based carrier said Thursday. This latest pushback in the jet's projected return to service puts Southwest Airlines Co. (NYSE: LUV) in line with American Airlines Group Inc. (Nasdaq: AAL) and United Airlines Holdings Inc. (Nasdaq: UAL), which both have the plane off their schedules until June.
Flight cancellations, thanks to the grounding of Boeing 737 MAX jets in American Airlines' (AAL) fleet, are likely to have dented its Q4 performance.
During the past two years, Phoenix Sky Harbor International Airport has significantly increased its number of international flights. But a dive into the numbers, such as comparing income levels with other cities or the Valley's lack of Fortune 500 companies, shows that landing a nonstop flight to Asia could still be quite a while in coming.
AAL stock has taken a hit on China trade tensions and ongoing Boeing 737 Max woes. But is American Airlines a good buy?
"The part of last year that I want to remember is really the first month and the last four," one American executive said.
After three years with WestJet, Brian Znotins has joined American Airlines as vice president of Network and Schedule Planning.
The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, American Airlines and Southwest
During Delta’s latest earnings call, an analyst asked Hauenstein if he anticipated “that American would start to grow so fast in Boston.” Hauenstein cited Delta’s “incredible success in Boston,” as well as third quarter data that puts it in a “virtual dead heat with Jet Blue as the largest revenue carrier in Boston.” “So I think we’ve made great progress and I think customers will stick with us,” Hauenstein said.
Delta Air Lines earnings easily beat fourth-quarter views, kicking off airline results. Delta stock jumped into a buy zone.
Once again an airline is moving back its scheduled reintroduction of the Boeing 737 MAX into regular service. On Tuesday, American Airlines announced it is canceling the troubled aircraft from its schedule until June 4, the same date United Airlines settled on more than three weeks ago for its fleet. A month ago, American Airlines (NASDAQ: AAL) said it would resume flights with a limited number of MAXes on April 7, but since then manufacturer Boeing Co. (NYSE: BA) decided to temporarily shut down the plane's assembly line in Renton, Washington, until the Federal Aviation Administration, as well as European, Canadian and Chinese aviation authorities, clear the aircraft to fly again.
American Airlines opened its fifth Admirals Club at Dallas Fort Worth International Airport on Tuesday, giving the airline one lounge per terminal at its largest hub. The new Admirals Club is located in the Terminal E satellite building, which the airline brought back to life last May after years of the facility not being used. This is the first time American Airlines Group Inc. (Nasdaq: AAL) has had a lounge in Terminal E, a company spokesperson said.
Orlando's top 10 revenue-generating flights provide a combined $1.5 billion-plus in revenue for Orlando International Airport between October 2018 and September 2019, according to OAG data. The top airlines for those 10 flights were almost evenly split between five carriers, with Delta Air Lines (NYSE: DAL) taking the top spot with three of the flights.
That includes five non-stop flights a day to the state's college- and biotech-heavy Research Triangle.