|Bid||41.05 x 2900|
|Ask||41.46 x 1100|
|Day's range||41.02 - 42.41|
|52-week range||40.65 - 59.08|
|PE ratio (TTM)||11.34|
|Earnings date||26 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||0.40 (0.93%)|
|1y target est||57.41|
Stifel's Joseph DeNardi takes a look at where airlines make their money (geographically speaking, not fees for things like checked bags that used to be free), writing that United Continental Holdings (UAL) has been feeling the brunt of lower margins in the Asia Pacific region. Using revenue and expenses reported by geographical region to the Department of Transportation, DeNardi writes that although both domestic and international margins contracted for the Big 3 airlines--American Airlines Group (AAL), Delta Air Lines (DAL), and United--last year on higher fuel costs, domestic profitability held up better than international. Without a standard for how companies allocate costs between regions, comparing regional margins can be "tricky," but his estimates that the lower profitability internationally was due largely to "significant challenges on the Pacific." Given that in 2017, the Pacific network accounted for about 12% of United's traffic--compared with 7% for Delta and 4% for American--the airline has been most impacted by these lower margins for the region, DeNardi writes.
With profitability under pressure and its merger-integration process drawing to a close, American Airlines has decided to eliminate some unnecessary management positions.
Two Charlotte-based American Airlines flight attendants, using Facebook posts, played key roles in changing the airline industry, which has acted nearly uniformly to ask the federal government not to use its flights to transport migrant children being separated from their parents. Among airlines, American acted first, declaring late Wednesday morning that it has “requested the federal government to immediately refrain from using American for the purpose of transporting children who have been separated from their families due to the current immigration policy. “I’m proud that our pleas for humanity to American Airlines did not fall on deaf ears,” said a Charlotte based flight attendant (not one of the Facebook posters), who asked not to be named.
Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt. Airlines for America, a trade group that includes American Airlines Group Inc., United Continental Holdings Inc., FedEx Corp. and United Parcel Service Inc., is asking judges in Washington and Massachusetts to exempt the airlines from the state laws, which provide for paid sick leave for all workers. CSX Corp. has also filed in Massachusetts, saying that the state law is overruled by a federal railroad rule that forbids local interference.
American Airlines says a regional affiliate should run close to a normal operation Thursday after canceling 2,750 flights in the past week because of a computer problem. Spokeswoman Katie Cody said PSA ...
American Airlines and United Airlines said Wednesday that they asked the Trump administration not to use their flights to carry migrant children who were separated from their parents by immigration authorities. Facing growing opposition to his administration's recent policy of separating migrant families, President Donald Trump signed an order later in the day to keep families together at the nation's southern border. The issue had galvanized flight attendants, some of whom took to social media to post accounts of seeing young passengers whom they believed to be migrants separated from their parents.
Alaska Airlines also put the government on notice that it doesn’t want to transport migrant children being separated from their families, and Denver-based Frontier Airlines also said it wouldn’t knowingly transport such children. American said it “has no knowledge” that the government had used it to transport children affected by the policy, but said it “would be extremely disappointed to learn that it is the case.” American said it provides travel to the federal government through contracts but that the government doesn’t disclose information about the nature of the flights it takes or passengers who are traveling. signed an executive order “to keep families together.” His administration’s policy of detaining adults seeking asylum at the southern border has separated thousands of children from the adults they traveled with and drawn a firestorm of criticism.
Several U.S. airlines on Wednesday asked the U.S. government not to use their planes to transport migrant children.
DALLAS (AP) — American Airlines asks Trump administration not to put migrant children separated from their parents on its flights.
GE, Ford and American Airlines are the Yahoo Finance charts of the day.
American Airlines Group Inc. and United Continental Holdings Inc. asked the U.S. government not to fly immigrant children separated from their families on their aircraft as President Donald Trump said he was abandoning his “zero tolerance” border-enforcement policy. In joining critics of the U.S. detention of the youngsters, the carriers highlighted a central mystery in the political and human-rights crisis: Federal officials weren’t saying how the children were being ferried from near the U.S.-Mexico border to a network of facilities in 17 states. “Based on our serious concerns about this policy and how it’s in deep conflict with our company’s values, we have contacted federal officials to inform them that they should not transport immigrant children on United aircraft who have been separated from their parents,” United Chief Executive Officer Oscar Munoz said Wednesday in an emailed statement.
U.S. security officials will require more screening of powdered substances in carry-on bags on international flights headed to the United States starting June 30.
American Airlines plans to cut an undisclosed number of management jobs that top executives say are no longer needed more than four years after merging with US Airways. The company says there will be a ...
Investors keenly await updates on the possibility of a new US-based carrier launch by JetBlue's (JBLU) founder.
American Airlines subsidiary PSA Airlines has canceled more than 1,000 regional flights since last Thursday, after a hardware issue took its crew scheduling system offline.
American Airlines, the world's largest carrier, is planning to cut jobs and offer buyouts to reduce its headcount.
American Airlines is seeking to cut costs by laying off some upper level management employees and offering buyouts to others. In a post Tuesday afternoon on the airline’s employee website, CEO Doug Parker and President Robert Isom said “American has more directors and above leaders than we require for the long term. “Over the next several weeks, our top leaders will engage in career conversations with their director and above team members that will include both some involuntary exits as well as an option for those who have been with the company for at least two years to leave American voluntarily with severance benefits,” Parker and Isom said in the post.
DALLAS (AP) — American Airlines says it has "stabilized" a computer system that failed at one of its affiliate carriers, causing the cancellation of 2,500 flights over the past week.
The Department of Transportation is reviewing how passenger behavior and seating configurations affect emergency evacuation guidelines.
Inc. climbed to 2,500 as the carrier worked to recover from a technical glitch in its system for matching crews with flights. PSA Airlines, an American subsidiary that operates mainly in the eastern U.S., began canceling flights on Thursday as that crew placement system malfunctioned. Most of the canceled flights were to and from Charlotte Douglas International Airport, American’s second-largest hub and its largest for regional carriers that funnel passengers from smaller cities to other points in American’s network.
American Airlines' regional airline PSA Airlines canceled more than 2,000 flights after a technical glitch crippled its crew scheduler.
American Airlines Group Inc. affiliate PSA Airlines expects more flight cancellations on Tuesday after scrubbing about 400 flights over the weekend as the regional carrier moves into its sixth day of problems with its crew-scheduling system. The technology issue arose on June 14 and has affected nearly 1,100 PSA flights to date, mainly in Charlotte, North Carolina, American spokeswoman Katie Cody said Monday. PSA, a wholly owned subsidiary of American, is also likely to operate less than its full schedule on Wednesday, she said.
American Airlines Group Inc. agreed to pay $45 million to end a consumer antitrust lawsuit that accused it and three other major U.S. airlines of colluding to limit plane capacity and drive up domestic airfares. Southwest Airlines Co. won preliminary court approval for its offer to pay $15 million and cooperate in the case in January. American, too, has pledged its cooperation as the litigation continues against United Continental Holdings Inc. and Delta Air Lines Inc.
American Airlines Group Inc. was working to move stranded passengers after problems with a regional carrier’s dispatch and crew-scheduling system forced the cancellation of 675 flights over two days. The outage has affected about 4 percent of American’s global flight operations, primarily shorter routes from its hub in Charlotte, North Carolina, the carrier said by email Friday. Operations at the affiliate, PSA Airlines, were expected to resume midday.