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American Airlines Group Inc. - AAL STOCK NEWS

Welcome to our dedicated page for American Airlines Group news (Ticker: AAL), a resource for investors and traders seeking the latest updates and insights on American Airlines Group stock.

American Airlines Group Inc. (NASDAQ: AAL) is a major American airline holding company headquartered in Fort Worth, Texas. The company operates one of the largest and most well-connected global networks through its mainline subsidiary American Airlines and its regional subsidiary American Eagle. Together, these carriers operate over 3,300 daily flights to more than 260 destinations across 50 countries and territories. American Airlines is a founding member of the oneworld® alliance, which allows it to offer extensive services and benefits in collaboration with some of the world's leading airlines.

American Airlines boasts a fleet of over 900 aircraft, making it the world's largest airline by fleet size, capacity, and scheduled revenue passenger miles. The company’s major U.S. hubs include Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American Airlines has recently completed a significant fleet renewal, resulting in the youngest fleet among U.S. legacy carriers.

American Airlines continues to innovate and expand its services. The company maintains an award-winning website, aa.com, which makes it easy for users to check and book fares, as well as access personalized travel information and offers. American's commitment to customer service has been recognized through numerous industry awards.

The company is actively involved in several partnerships and community initiatives. Notably, American Airlines is a longtime supporter of the American Red Cross and has committed significant resources to military and veteran programs, including the annual Snowball Express event and the Seats for Soldiers program.

Financially, American Airlines continues to focus on strengthening its balance sheet and generating sustainable free cash flow. As part of its long-term strategy, the company has made significant investments in fleet modernization and operational efficiency to enhance its competitive position and customer experience. Despite recent challenges, American Airlines reported a record first-quarter revenue of approximately $12.6 billion in 2024 and continues to work towards achieving its financial targets.

News

American Airlines Announces Pricing of Senior Secured Notes

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American Airlines, Inc. (AAL) announced the pricing of $1.0 billion aggregate principal amount of its 8.50% senior secured notes due 2029, an increase of $250.0 million from the previously announced offering amount. The Notes will have an interest rate of 8.50% per annum and are being issued at par. The Company also expects to borrow up to $1.1 billion in aggregate principal amount of term loans under a new senior secured credit facility. The offering of the Notes is expected to close on December 4, 2023, subject to customary closing conditions. The Company expects to use the net proceeds from the offering of the Notes, together with the net proceeds from the Term Loan and cash on hand, to redeem all of its outstanding 11.75% Senior Secured Notes due 2025. The Notes and the Term Loan will be secured on a first lien basis by the same collateral that currently secures the 11.75% Senior Secured Notes. The Notes will not be registered under the Securities Act or any other securities laws of any jurisdiction and will not have the benefit of any exchange offer or other registration rights.
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American Airlines Announces Proposed Offering of Senior Secured Notes and New Term Loan

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American Airlines, Inc. (AAL) announced a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2029 and intends to borrow up to $750 million in aggregate principal amount of term loans under a new senior secured credit facility. The net proceeds will be used to redeem $1.5 billion of its existing 11.75% Senior Secured Notes due 2025. The final terms and amounts of the Notes and the Term Loan are subject to market conditions. The Notes and the Term Loan are secured on first and second lien basis by certain collateral. The Notes will be offered and sold only to qualified institutional buyers and non-U.S. persons in offshore transactions.
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Honoring American Heroes

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American Airlines: American Airlines celebrates Veterans Day by honoring service members through its Military and Veterans Initiatives program. The airline hosted multiple events, including 'Salute to the Troops,' 'Seats4Heroes' with the Los Angeles Chargers and the Dallas Cowboys, and 'Soaring Valor' with the Gary Sinise Foundation, to support and recognize military service members.
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MGM Resorts Teams with USO and American Airlines for 13th Annual Salute to the Troops at Mandalay Bay

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MGM Resorts International will host the United Service Organizations (USO) Experience: Salute to the Troops in Las Vegas, honoring over 100 injured active-duty service members. The five-day celebration will provide accommodations, meals, entertainment, and other amenities free of charge. MGM Resorts remains committed to supporting military members and their families year-round.
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American Airlines and CR Smith Museum Launch Aviation Education Program Bridging the Classroom and the Industry

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American Airlines and the CR Smith Museum are launching the Aviation Career Pathways program to inspire middle and high school students in aviation careers. The program will initially target schools in the Dallas Independent School District and aims to provide access to aviation STEM education and industry career opportunities. It will offer multiple touch points and hands-on experiences to engage students and build their confidence. The program addresses challenges in underserved communities and plans to expand to other schools in the long term.
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American Airlines reports third-quarter 2023 financial results

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American Airlines reports Q3 2023 financial results with record revenue and reduced debt
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Father Lays Foundation for an American Legacy

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Puerto Rican family creates a legacy at American Airlines
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American Airlines Customers Raise Record Total for Stand Up to Cancer Campaign

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American Airlines raises nearly $4 million for cancer research through annual fundraising campaign with Stand Up To Cancer
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American Airlines Group announces webcast of third-quarter 2023 financial results

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American Airlines Group to webcast Q3 2023 financial results conference call
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Full Circle Moment: A Captain Gives Back to His Community Through Mentorship

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American Airlines captain inspires next generation of aviators through mentorship
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FAQ

What is the current stock price of American Airlines Group (AAL)?

The current stock price of American Airlines Group (AAL) is $14.37 as of November 22, 2024.

What is the market cap of American Airlines Group (AAL)?

The market cap of American Airlines Group (AAL) is approximately 9.4B.

What destinations does American Airlines serve?

American Airlines and its regional carrier, American Eagle, serve over 260 destinations in more than 50 countries and territories.

What is the size of American Airlines' fleet?

American Airlines operates a fleet of over 900 aircraft, making it the world's largest airline by fleet size.

Where are American Airlines' main hubs located?

American Airlines’ major hubs include Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C.

What is the oneworld alliance?

American Airlines is a founding member of the oneworld alliance, a global airline alliance that offers extensive services and benefits through collaboration with other leading airlines.

How can I book a flight with American Airlines?

You can book a flight on American Airlines' award-winning website, aa.com, where you can also access personalized travel information and offers.

How does American Airlines support military service members?

American Airlines supports military service members through various programs, including the annual Snowball Express event, the Seats for Soldiers program, and offering benefits like priority boarding and free checked bags for active-duty military.

What recent achievements has American Airlines made?

American Airlines has recently completed a significant fleet renewal, resulting in the youngest fleet among U.S. legacy carriers. The company also reported a record first-quarter revenue of approximately $12.6 billion in 2024.

What is the financial outlook for American Airlines?

American Airlines aims to strengthen its balance sheet and generate sustainable free cash flow. The company has set financial targets for 2024 through 2026 and beyond, focusing on operating efficiency and fleet modernization.

How can I follow American Airlines' latest news and updates?

You can stay updated on American Airlines' latest news by visiting their investor relations website at news.aa.com and connecting with them on social media platforms such as Twitter and Facebook.

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American Airlines Group Inc.

Nasdaq:AAL

AAL Rankings

#908 Ranked by Market Cap
N/A Ranked by Dividends

AAL Stock Data

9.43B
648.96M
1.28%
57.1%
10.12%
Airlines
Air Transportation, Scheduled
Link
United States of America
FORT WORTH