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American Airlines Group (AAL)

- NASDAQ
  • Thu, Apr. 9, 11:55 AM
    • Airlines stocks are making their typical strong move opposite the direction of oil prices.
    • The wild gyrations in the sector appear to be overdone to some analysts and industry watchers as developments in the oil patch crowd out capacity, demand, and pricing trends.
    • Fuel costs only accounted for 30% of the operating expenses for U.S. carriers last year, notes U.S. Global Investors CEO Frank Holmes.
    • He points out that airlines have also become more rational and are increasing the mix of fuel efficient planes.
    • There's also the disparity of airline stocks moving roughly in tandem despite different levels of jet fuel price exposure.
    • Previously: Fueling around with airline stocks (Feb. 07 2015)
    • Airline stocks on the move today: Hawaiian Holdings (NASDAQ:HA) -3.4%, Republic Airways (NASDAQ:RJET) -1.8%, Virgin America (NASDAQ:VA) -1.5%, American Airlines Group (NASDAQ:AAL) -1.5%, JetBlue (NASDAQ:JBLU) -1.5%, Spirit Airlines (NASDAQ:SAVE) -1.4%, Southwest Airlines (NYSE:LUV) -1.3%, Alaska Air Group (NYSE:ALK) -1.2%.
    | 19 Comments
  • Wed, Apr. 8, 11:36 AM
    • American Airlines Group (AAL +3%) lands approval from the FAA to legally operate US Airways under the American certificate.
    • The development is an important step in fully realizing the benefits of integrating US Airways.
    • It will take until the end of the year to merge the US Airways website with AA.com and more than a year to repaint all the US Airways planes.
    | 5 Comments
  • Wed, Apr. 1, 10:55 AM
    • Airline stocks are lower on the day with oil rallying again.
    • American Airlines Group (AAL -4.1%), Delta Air Lines (DAL -3.8%), and United Continental (UAL -3.7%) are the leading decliners after taking on a Deutsche Bank downgrades on top of the oil development.
    • Allegiant Travel (ALGT -2.1%), Spirit Airlines (SAVE -2.1%), and Alaska Airways Group (ALK -2.4%) are also peeling off share price.
    • The sector could see some volatility over the next week as carriers report on their March load factors and passenger revenue metrics.
    • Previously: Supply and demand questions in the U.S. airline sector
    • Previously: Deutsche Bank warns on international airline sales
    | 11 Comments
  • Wed, Apr. 1, 6:53 AM
    • Deutsche BAnk downgrades three airlines on concerns international sales for the trio will disappoint.
    • Delta Air Lines (NYSE:DAL) is moved to Hold from Buy and assigned a price target of $50 from $60.
    • American Airlines Group (NASDAQ:AAL) is also cut to Hold and has its PT sliced to $58 from $78.
    • United Airlines (NYSE:UAL) goes to Hold from Buy with a price target reduction to $70 from $85.
    • The strong U.S. dollar will cut into international passenger revenue per available seat miles, warns DB.
    | 30 Comments
  • Tue, Mar. 31, 3:25 PM
    • Airline stocks are on watch this week and next with the new round of monthly traffic and sales reports due out.
    • UBS and Credit Suisse both think passenger revenue per available seat mile fell during Q1.
    • Fares have been strong for the early part of the year, but capacity gains in some key markets is chipping away at efficiency.
    • JetBlue (NASDAQ:JBLU), Alaska Airlines (NYSE:ALK), and Southwest Airlines (NYSE:LUV) have added the most capacity on a percentage basis of the major carriers.
    • American Airlines Group (NASDAQ:AAL) has held capacity level.
    • Previously: U.S. airlines fares rise in February (Mar. 24 2015)
    | 11 Comments
  • Fri, Mar. 27, 3:10 AM
    | 14 Comments
  • Thu, Mar. 26, 8:20 AM
    • Airline stocks are reacting to the jump in crude oil prices as would be expected.
    • Crude oil is markedly higher off of unrest in Yemen.
    • Delta Air Lines (NYSE:DAL) is down 4.1% in premarket action, while United Continental (NYSE:UAL) is off 2.9%.
    • Southwest Airlines (NYSE:LUV) and JetBlue (NASDAQ:JBLU) are both down about 3%.
    • No-hedging American Airlines Group (NASDAQ:AAL) continues to be a curiosity to some traders with its tendency to move in-line with peers on oil swings - despite having a different fuel pricing strategy. AAL -3.4% premarket.
    • A deeper dive into jet fuel prices is available at Platts.
    | 18 Comments
  • Thu, Mar. 26, 3:14 AM
    • Marking a new milestone since their December 2013 merger, American Airlines (NASDAQ:AAL) and U.S. Airways expect to receive a single operating certificate from U.S. regulators on April 8.
    • Although the carriers still have to combine their reservation systems, a single certificate will mean the FAA recognizes the airlines as one, and that the majority of their flight, maintenance and dispatch procedures will be identical.
    • AAL +0.4% AH
    | 1 Comment
  • Tue, Mar. 24, 7:15 PM
    • Oil prices have dropped by more than 50% in the past year but consumers have not enjoyed a corresponding drop even though oil prices are an airline's largest expense.
    • NYT's Andrew Ross Sorkin says the airline industry is increasingly looking like an uncompetitive oligopoly, as mergers during the last several years have left the U.S. with only four main airlines - Delta (NYSE:DAL), United (NYSE:UAL), Southwest (NYSE:LUV) and American-US Airways (NASDAQ:AAL) - which deliberately do not compete on some routes.
    • "In a truly competitive marketplace, airlines would add capacity to popular routes where they saw the opportunity to undercut a competitor. And given low oil prices, you would imagine that at least one airline would lower its rates to pick up market share and make it up in volume," Sorkin writes.
    • The International Air Transport Association says the U.S. air travel industry is set to rack up "net post-tax profits" of $13.2B in 2015, up from $11.9B in 2014, a forecast that was based on an average cost of $85/bbl for Brent crude oil - whose price today is ~$55/bbl.
    | 42 Comments
  • Tue, Mar. 24, 9:48 AM
    • Airline fares in the U.S. rose in February, according to the Bureau of Labor Statistics.
    • The average fare was up 1.9% from January.
    • Fares were 3% lower than they were a year ago during February.
    • Though a slight increase was expected with oil prices higher, the reading is still positive for the sector as the impact of capacity gains in key markets on fares is weighed.
    • Related stocks: LUV, UAL, DAL, AAL, JBLU, ALK, HA, SAVE, ALGT, RJET, VA, SKYW.
    • BLS CPI data
    | 7 Comments
  • Mon, Mar. 23, 3:24 PM
    • The Barron's 400 has regularly beaten the S&P 500 (NYSEARCA:SPY) since its 2007 launch, writes Chris Dieterich, and also powers the Barron's 400 ETF (NYSEARCA:BFOR), which has topped the S&P 500 by nearly 500 basis points since starting in June 2013. BFOR is up 6% YTD, more than double that of the S&P 500.
    • Among those added to the index during last week's twice-yearly rebalancing were Celgene (NASDAQ:CELG), American Airlines (NASDAQ:AAL), Starbucks (NASDAQ:SBUX), and Ameriprise Financial (NYSE:AMP).
    • Among those dropped were McDonald's (NYSE:MCD), Wells Fargo (NYSE:WFC), Verizon (NYSE:VZ), and IBM.
    • A "ruthless" quantitative security-selection method screens for growth, value, and cash flow, and filters further with other factors such as diversification.
    | 22 Comments
  • Sat, Mar. 21, 11:46 AM
    • Positive commentary from the analyst community and some help from the oil patch helped the airline sector outperform for the week.
    • American Airlines Group (NASDAQ:AAL) ran up a gain of 11% off of news the company would be added to the S&P 500 Index.
    • Plenty of bets were laid out on American with volume on Friday at 137.8M shares vs. 15.33M daily average.
    • Analysts thinks the inclusion of American to the S&P 500 to join Southwest Airlines (NYSE:LUV) and Delta Air Lines (NYSE:DAL) effectively boxes out United Continental (NYSE:UAL) and Alaska Airlines (NYSE:ALK) from the prized index until at least 2016.
    • A positive read from Southwest on efficiency also helped to buoy sentiment.
    • Even beaten-down Hawaiian Holdings (NASDAQ:HA) perked up during the week with a 8.56% run. The carrier has under-performed recently due in part to some hedging losses.
    • ETF fans are set to have their catch-all airline investment opportunity soon with the expected launch of the U.S. Global Jets ETF (Pending:JETS) next month.
    | 7 Comments
  • Thu, Mar. 19, 2:37 PM
    • Investor may get a buying opportunity with airline stocks when major carriers start reporting in a few weeks, tips Credit Suisse.
    • Shares in the group could trade lower after Q1 numbers come up short amid F/X pressure and Q2 guides for efficiency (PRASM) are influenced by capacity growth.
    • CS is a buyer on weakness with the sector looking strong for the back half of the year.
    • On watch: Southwest Airlines (NYSE:LUV), JetBlue (NASDAQ:JBLU), Delta Air Lines (NYSE:DAL), United Continental (NYSE:UAL), American Airlines Group (NASDAQ:AAL).
    • Previously: Global airline ETF expected this spring (March 18)
    | 17 Comments
  • Wed, Mar. 18, 7:27 PM
    | 21 Comments
  • Tue, Mar. 17, 1:38 PM
    • Ryanair (RYAAY, OTC:RYAOF) is taking the first steps to adding transatlantic routes with the board's approval for 14 destinations in the U.S. and Europe.
    • The airline's entry into the Europe-to-U.S. market would be significant due to the difficulty in the past of budget carriers to make the numbers work on the longer routes.
    • An entry by Ryanair into the U.S. isn't expected for four to five years with the company needing to work out landing slots at key airports and acquire larger planes from manufacturers.
    • A spokesperson for Ryanair was quoted as saying fares on the transatlantic flights could start at the ridiculous fare of £10 ($10.59).
    • Airlines flying across the pond include Virgin Atlantic, Lufthansa (OTCQX:DLAKY, OTCPK:DLAKF), Air France (OTC:AFRAF, OTCPK:AFLYY), American Airlines Group (NASDAQ:AAL), Delta Air Lines (NYSE:DAL), and British Airways (OTCPK:ICAGY).
    | 6 Comments
  • Tue, Mar. 17, 8:22 AM
    • The airline sector is lined up for a big day with oil prices pointing lower again in early trading.
    • American Airlines Group (NASDAQ:AAL) is out in front of peers with an early 5% pop.
    • The company continues to get the most bang out of the oil buck in the sector from lower jet fuel prices due to its no-hedge strategy, although capex concerns have kept some investors from jumping in.
    • AAL +5.34% to $52.88.
    | 6 Comments
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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