Seeking Alpha
 

American Airlines Group (AAL)

- NASDAQ
  • Dec. 31, 2012, 3:12 AM
    The board of AMR's (AAMRQ.PK) pilots union has approved the framework of an interim labor deal that would be implemented if the bankrupt airline merges with US Airways (LCC). The approval comes after the board agreed to a conditional labor agreement with the latter company in April, although its pilot representatives said the labor contract "IS NOT a final agreement."
    | Dec. 31, 2012, 3:12 AM | 3 Comments
  • Dec. 28, 2012, 10:10 AM
    An American Airlines (AAMRQ.PK) merger with US Airways (LCC -1.4%) may not occur during bankruptcy unless pilot groups from the carriers agree on interim contract terms, American’s pilot union warns. If an accord is not reached “in the very near future, in all likelihood there will be no merger before American Airlines exits restructuring,” the Allied Pilots Association says.
    | Dec. 28, 2012, 10:10 AM | 5 Comments
  • Dec. 20, 2012, 6:43 PM
    AMR Corp.'s (AAMRQ.PK) American Airlines and US Airways (LCC) are near a tentative deal on how their pilots would be handled in a potential merger. The talks, which include airline executives, representatives of AMR's creditors committee and both airlines' pilots unions, are a crucial step toward determining whether the two airlines will combine when AMR emerges from bankruptcy proceedings next year.
    | Dec. 20, 2012, 6:43 PM | 1 Comment
  • Dec. 20, 2012, 2:59 PM
    AMR (AAMRQ.PK) keeps inching closer to merging with US Airways (LCC +0.1%) as execs with both companies start to get down to the nitty-gritty in talks. On January 9, the AMR board will meet to decide if a public announcement should be made.
    | Dec. 20, 2012, 2:59 PM | Comment!
  • Dec. 19, 2012, 8:14 PM
    American Airlines parent AMR Corp. (AAMRQ.PK) and US Airways (LCC) appear to be close to a merger agreement, with a possible decision coming next month. AMR's board will meet January 9 to discuss any merger plans and may make an announcement shortly thereafter. The chief hurdle to any deal looks to be how to divide the equity in the new company - especially with AMR emerging from bankruptcy - and who would run the new airline.
    | Dec. 19, 2012, 8:14 PM | 7 Comments
  • Dec. 19, 2012, 2:17 PM
    AMR (AAMRQ.PK) receives court approval to enter a new collective bargaining agreement with American Airlines pilots. In addition, the company won in its bid to prevent lump-sum payments of benefits for retiring pilots.
    | Dec. 19, 2012, 2:17 PM | Comment!
  • Dec. 17, 2012, 9:47 AM
    Airline stocks race to early gains after Dahlman Rose issues a sweeping upgrade on the sector. Advancers include JetBlue (JBLU +3.1%), United Continental (UAL +3.3%), US Airways (LCC +1.1%), and Delta Air Lines (DAL +2.3%). The bullish call from the firm: "We're going all in."
    | Dec. 17, 2012, 9:47 AM | 1 Comment
  • Dec. 13, 2012, 6:58 PM
    Despite its misgivings, a spokesman for the Allied Pilots Association - which represents American Airlines pilots - says the union still supports the proposed merger between American (AAMRQ) and US Airways (LCC), following meetings the union held with AMR CEO Tom Horton today. LCC has been pushing for a merger between the two carriers all year, and with the support of all its unions, the two airlines combined would be on par with current leader United Continental (UAL) in scope.
    | Dec. 13, 2012, 6:58 PM | Comment!
  • Dec. 13, 2012, 2:34 PM
    The IATA's forecast for 2012 airline industry profits lit a charge under stocks in the sector for the day, but the group also sees clear skies ahead in 2013. Fuel prices should fall lower and passenger demand will increase by 4.5%, according to IATA estimates. Things are even rosier for North American carriers, with profits expected to jump 42% Y/Y to $3.4B. In the big picture, the targeted capacity cuts at airlines may finally stay to pay dividends.
    | Dec. 13, 2012, 2:34 PM | 1 Comment
  • Dec. 13, 2012, 9:51 AM
    Airline stocks trade higher after IATA raises its profit forecast for the sector. The trade group says it expects airlines to hit a profit level of $6.7B this year, up from a prior estimate of $4.1B. The lift is due to "improving efficiency and restructuring," says IATA director-general Tony Tyler.
    | Dec. 13, 2012, 9:51 AM | 1 Comment
  • Dec. 13, 2012, 7:42 AM
    Creditors of AMR (AAMRQ.PK) would like to see an all-stock deal if a merger with US Airways (LCC) occurs, according to reports. The preference is seen as a vote of confidence in a combined American-US Airways airline.
    | Dec. 13, 2012, 7:42 AM | 2 Comments
  • Dec. 11, 2012, 10:35 AM
    US Airways (LCC +1.7%) will expand into South America with daily flights into Sao Paolo from Charlotte, North Carolina. Carriers have been circling around the idea of adding flights into the nation in front of the World Cup in 2014 and Olympics in 2016, but as of late US Airways has been more aggressive pulling the trigger on international expansion.
    | Dec. 11, 2012, 10:35 AM | Comment!
  • Dec. 11, 2012, 6:32 AM
    A combined AMR (AAMRQ.PK) and U.S. Airways (LCC) would reportedly be valued at over $8B, putting it on a par with Delta Airlines. AMR CEO Tom Horton yesterday said the carrier will decide soon whether to merge with U.S. or try to exit bankruptcy protection as an independent carrier. The company is also open to receiving private-equity financing or other external funding.
    | Dec. 11, 2012, 6:32 AM | 9 Comments
  • Dec. 7, 2012, 2:33 PM
    US Airways (LCC +3.3%) sent a merger proposal to American Airlines (AAMRQ.PK) and its creditors in mid-November, according to the WSJ. The pitch is an all-stock deal divvying up the carrier 70% to American's creditors and the remaining 30% to US Airways. If all went according to plan, the combined airline would be valued at close to $8B.
    | Dec. 7, 2012, 2:33 PM | 8 Comments
  • Dec. 5, 2012, 10:30 AM
    US Airways (LCC -1.5%) says it saw passenger revenue per available seat mile fall by two percentage points during November as the impact of Hurricane Sandy slammed the carrier in the first part of the month. November earnings were down $20M due to storm.
    | Dec. 5, 2012, 10:30 AM | Comment!
  • Dec. 4, 2012, 9:44 AM
    Airline stocks trade higher with oil prices easing off and more M&A talk swirling around following news from yesterday that Virgin Atlantic was up for sale. Another underlying factor to watch in the sector is if European or U.S. regulators relax on foreign ownership rules to put a charge into consolidation plans. Advancers: DAL +2.9%, LUV +1.5%, UAL +1.4%, LCC +1.3%.
    | Dec. 4, 2012, 9:44 AM | Comment!
Visit Seeking Alpha's
AAL vs. ETF Alternatives
Company Description
American Airlines Group Inc, through its subsidiaries, operates in the airline industry. The Company has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C.
Sector: Services
Industry: Major Airlines
Country: United States