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American Airlines Group information


American Airlines Group Inc.
Company typePublic
Traded as
  • Nasdaq: AAL
  • DJTA component
  • S&P 500 component
IndustryAviation
PredecessorsAMR Corporation
US Airways Group[1]
FoundedDecember 9, 2013; 10 years ago (2013-12-09)
HeadquartersSkyview,
Fort Worth, Texas
,
United States[1]
Number of locations
350 destinations*
Area served
Worldwide[2]
Key people
  • Robert Isom (CEO)
  • Greg Smith (chairman)
  • Derek Kerr (vice chairman and president of American Eagle)
  • Devon May (CFO)
ServicesAir transportation
RevenueIncrease US$52.8 billion (2023)
Operating income
Increase US$3.03 billion (2023)
Net income
Increase US$822 million (2023)
Total assetsDecrease US$63.1 billion (2023)
Total equityNegative increase US$(5.2) billion (2023)
Number of employees
132,100 (2023)
Divisions
  • American Airlines Cargo
  • American Eagle
Subsidiaries
  • American Airlines
  • Envoy Air
  • Piedmont Airlines
  • PSA Airlines
Websiteaa.com
Footnotes / references
Financials as of December 31, 2023.[3]
* Hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington[4][5]

American Airlines Group Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed on December 9, 2013, by the merger of AMR Corporation, the parent company of American Airlines, and US Airways Group, the parent company of US Airways.[6] Integration was completed when the Federal Aviation Administration granted a single operating certificate for both carriers on April 8, 2015,[7] and all flights now operate under the American Airlines brand.

The group operates the largest airline in the world, as measured by number of passengers carried, by fleet size and by scheduled passenger-kilometers flown. The company ranked No. 70 in the Fortune 500 list of the largest United States corporations based on its 2019 revenue,[8] but, impacted by the COVID-19 pandemic, it lost $2.2 billion in the first quarter of 2020 alone and accepted government aid.

  1. ^ a b "American Airlines Group Overview". American Airlines, Inc. October 2015. Archived from the original on June 6, 2016. Retrieved December 28, 2015.
  2. ^ "World's largest airline formed as American Airlines and US Airways merge". The Sydney Morning Herald. Fairfax Media. December 10, 2013. Archived from the original on April 21, 2014. Retrieved December 10, 2013.
  3. ^ "American Airlines Group Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 21, 2024. Archived from the original on March 19, 2024. Retrieved March 19, 2024.
  4. ^ "Hub and State Fact Sheets". American Airlines, Inc. 2014. Archived from the original on November 22, 2015. Retrieved December 28, 2015.
  5. ^ "American Airlines Group Executive Leadership Team". American Airlines, Inc. 2015. Archived from the original on March 16, 2016. Retrieved December 28, 2015.
  6. ^ "The new American Airlines". Chicago Tribune. Tribune Publishing. December 8, 2013. Archived from the original on December 9, 2013. Retrieved December 8, 2013.
  7. ^ Karp, Gregory (April 8, 2015). "American Airlines, US Airways get FAA approval to fly as one carrier". Chicago Tribune. Tribune Publishing. Archived from the original on July 15, 2015. Retrieved April 8, 2015.
  8. ^ "Fortune 500". Fortune. Archived from the original on August 7, 2020. Retrieved August 21, 2020.

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