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American Airlines Group (AAL)

  • Oct. 9, 2014, 9:49 AM
    • Select airline stocks stage an early rally, led by a big pop for United Continental (UAL +6.2%) following its report on Q3 PRASM gains.
    • There's some commentary from Wall Street on the sector which is also contributing to sentiment: UAL has been added to the Focus List at Credit Suisse and Morgan Stanley is calling for gains for the majors.
    • Gainers: Delta Air Lines (NYSE:DAL) +1.7%, Alaska Air Group (NYSE:ALK) +1.5%, American Airlines Group (NASDAQ:AAL) +1.0%, JetBlue Airways (NASDAQ:JBLU) +0.7%.
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  • Oct. 8, 2014, 8:38 AM
    • American Airlines Group (NASDAQ:AAL) reports total revenue passenger miles were down 0.2% in September to 16.9B.
    • Total capacity was higher during the month which drove down the carrier's load factor by 150 bps to 80.0%.
    • The company expects Q3 PRASM to be 0.5% to 1.5% higher.
    • AAL +1.4% premarket
  • Oct. 6, 2014, 11:34 AM
    • American Airline Group (AAL -2.5%) seeks one of the Tokyo Haneda routes that it maintains is seeing limited usage from Delta Air Lines (DAL -0.8%).
    • The carrier has petitioned the DOT for the right to fly daily service from L.A. to Haneda.
    • Delta claims its seasonal use of the route is standard practice in the industry.
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  • Oct. 3, 2014, 3:14 PM
    • Execs at American Airlines Group (AAL +6.2%) and British Airways confirm that bookings haven't seen any adverse reaction to the Ebola case in the U.S.
    • They note that unlike other dangerous disease outbreaks in the past that have crimped demand in certain regions, Ebola isn't an airborne virus and shouldn't create a booking slump.
    • Previous: Airline stocks in rally mode
    | 1 Comment
  • Oct. 3, 2014, 10:21 AM
    • Airline stocks are in rally mode with gains up and down the sector.
    • A strong note from Deutsche Bank on JetBlue is helping to swing sentiment. The investment firm added JBLU to its short-term buy list.
    • The group is also benefiting from renewed confidence that the Ebola case in Texas is isolated.
    • Oil prices are also cooperating nicely.
    • Gainers: Southwest Airlines (NYSE:LUV) +2.2%, United Continental (NYSE:UAL) +5.5%, Delta Air Lines (NYSE:DAL) +4.6%, Alaska Air Group (NYSE:ALK) +3.0%, Hawaiian Holdings (NASDAQ:HA) +3.1%, American Airlines Group (NASDAQ:AAL) +5.3%, Republic Airways (NASDAQ:RJET) +3.0%.
  • Oct. 3, 2014, 6:52 AM
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  • Oct. 2, 2014, 8:20 AM
    • Airline stocks move higher in early trading after suffering a painful drop yesterday.
    • The sector was grounded from fears stirred up by the Ebola case in Dallas.
    • The CDC issued a statement later yesterday on its website indicating that newer airplanes have a cabin environment that is not conducive to the spread of most infectious diseases.
    • Gainers: Delta Air Lines (NYSE:DAL) +1.3%, United Continental (NYSE:UAL) +1.2%, American Airlines Group (NASDAQ:AAL) +0.8%, Southwest Airlines (NYSE:LUV) +0.8%.
  • Oct. 1, 2014, 8:19 AM
    • Airline stocks are tilting lower after yesterday's report on the first case of Ebola in the U.S.
    • Premarket: JetBlue (NASDAQ:JBLU) -2.2%, American Airlines Group (NASDAQ:AAL) -1.8%, United Continental (NYSE:UAL) -1.6%, Delta Air Lines (NYSE:DAL) -1.9%, Southwest Airlines (NYSE:LUV) -1.5%., Alaska Air Group (NYSE:ALK) -1.3%, Spirit Airlines (NASDAQ:SAVE) -1.4%.
  • Sep. 30, 2014, 11:06 AM
    • Deutsche Bank thinks airline stocks could be range bound until 2015 as the recent sell-off in the sector covers lingering concerns on capacity.
    • The investment firm sees upside as the modest growth plans from major carriers and lower fuel prices are factored into earnings estimates.
    • Analyst Michael Linenberg taps Southwest Airlines (LUV +0.5%) and Spirit Airlines (SAVE -0.8%) to lead the sector turnaround next year.
    • Other airline stocks: DAL, AAL, JBLU, UAL, ALK, HA, RJET, ALGT, LUV.
  • Sep. 25, 2014, 12:22 PM
    • American Airlines (NASDAQ:AAL) announces it will begin new service to Beijing from the Dallas/Fort Worth airport.
    • The route will be the first nonstop flight between Beijing and DFW after it's approved.
    • Overall, American has 11 different routes to Asia.
    | Comment!
  • Sep. 18, 2014, 3:02 PM
    • American Airlines Group (AAL +1.2%) announces it will sell $500M in senior notes with a maturity date of 2019
    • The company says the funds will be used for general corporate purposes.
    • Moody's is in with a B3 rating on the notes.
    | Comment!
  • Sep. 9, 2014, 8:33 AM
    • American Airlines Group (NASDAQ:AAL) reports total passenger revenue miles flown in August were flat Y/Y at 20.0B.
    • The carrier's load factor slipped 90 bps to 84.6% as capacity increased.
    • Q3 PRASM is forecast to be flat to +2%.
    • AAL -1.6% premarket
  • Sep. 5, 2014, 5:21 PM
    • Alaska Air (NYSE:ALK) fell 1% today after Raymond James downgraded shares to Market Perform from Outperform, citing risk to 2015 earnings estimates from intensifying competitive capacity pressure.
    • While Q1 2015 schedules are still preliminary, the firm predicts competitive seat capacity growth accelerating to 12% Y/Y from the already elevated ~6% Y/Y level over the previous six quarters.
    • Meanwhile, rival Delta (NYSE:DAL) has shed more than 4% since it said Wednesday that revenues would be lower than it anticipated; Wolfe Research notes that DAL's PRASM is still growing faster than its CASM, which means margins are expanding, but the rate of margin change is likely to be slower than United Continental (NYSE:UAL) and American (NASDAQ:AAL) due to DAL's capacity choices.
    | Comment!
  • Sep. 4, 2014, 2:34 PM
    • American Airlines Group (AAL -1.2%) CFO Derek Kerr updated investors on the US Airways merger during his talk at a transportation conference yesterday.
    • The exec said early results of the integration of US Airways is going well.
    • The company expects to be operating under a single license by the end of Q1 of 2015 of early in Q2.
    • A major task to still be tackled is the migration of the reservations system.
    • Presentation webcast
    | Comment!
  • Aug. 26, 2014, 1:23 PM
    • Southwest Airlines (LUV -0.8%) says it's "shocked and disappointed" by a request from the International Association of Machinists and Aerospace Workers for mediation over a new contract. Talks between the two parties have become heated.
    • American Airlines Group (AAL -0.7%) pulled its listing from Orbitz in a development that could create a divide in the online travel industry. Several other carriers have hinted about a similar move.
    • Delta Air Lines (DAL -1.1%) says it will add 1,800 flights attendants in order to keep up with its expanded flight schedule. A few cracks on a tightened capacity stance in the sector have started to emerge on top of Delta's aggressive plans.
  • Aug. 22, 2014, 2:40 PM
    • Wolfe Research has an interesting observation on American Airlines Group (AAL +1.1%) that could give investors a reason to buy the stock.
    • Analysts with the boutique investment note that the 2015 consensus EPS estimates on American, which feel "light" to them for starters, have risen faster this year than the carrier's stock price, 63% vs. 56%.
    • The differential is the biggest that Wolfe found in the sector.
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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