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American Airlines Group Inc AAL

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. It also operates a mainline fleet of 977 aircraft. 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 1926 and is headquartered in Fort Worth, Texas.


NDAQ:AAL - Post by User

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  • BagofhammersX
Post by Bagofhammerson May 30, 2020 1:52pm
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Post# 31092011

Accumulation range $9.60 - $9.80

Accumulation range $9.60 - $9.80LUV and AAL largest air carriers globally. Both are highly concentrated in doemstic travel. These airline stocks are depressed but they are not going anywhere. October 1st they will cut much needed overhead. 
If you are contrarian investor, this would be a good entry point. 

Southwest is leading the pack with a weekly capacity of 4.1 million. American is second but with just 2.78 million. Delta is third with 1.4 million, and United has 1.31 million.
Airlines focusing on domestic routes are faring considerably better than international ones.
Although Southwest may have come out on top, this is undoubtedly going to be temporary. Historically both American and Delta offer more capacity than Southwest. Thus, it is likely that once restrictions lift, the pre-established order will be restored.
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