Hot Airline Companies To Invest In Right Now: American Airlines Group Inc (AAL)
American Airlines Group Inc., formerly AMR Corporation, incorporated in October 1982, operates in the airline industry. The Company's principal subsidiary is American Airlines, Inc. (American). As of December 31, 2011, American provided scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. AMR Eagle Holding Corporation (AMR Eagle), a wholly owned subsidiary of the Company, owns two regional airlines, which do business as American Eagle-American Eagle Airlines, Inc. and Executive Airlines, Inc. (collectively, the American Eagle carriers). American also contracts with an independently owned regional airline, which does business as AmericanConnection (the AmericanConnection carrier). As of December 31, 2011, AMR Eagle operated approximately 1,500 daily departures, offering scheduled passenger service to over 175 destinations in North America, Mexico and the Caribbean.
American, AMR Eagle a nd the AmericanConnection airline served more than 250 cities in approximately 50 countries with, on average, 3,400 daily flights and the combined network fleet numbered approximately 900 aircraft as of December 31, 2011. American Airlines is also a founding member of the oneworld alliance, which includes British Airways, Cathay Pacific, Finnair, LAN Airlines, Iberia, Qantas, JAL, Malev Hungarian, Mexicana, Royal Jordanian and S7 Airlines. Together, oneworld members serve 750 destinations in approximately 150 countries, with about 8,500 daily departures. American is also one of the scheduled air freight carriers in the world, providing a range of freight and mail services to shippers throughout its system onboard American's passenger fleet.
To improve access to each other's markets, American has established marketing relationships with oth! er airlines and rail companies. As of December 31, 2011, American had marketing relationships with Air Berlin, Air Pacific, A ir Tahiti Nui, Alaska Airlines, British Airways, Cape Air, C! athay Pacific, China Eastern Airlines, Dragonair, Deutsche Bahn German Rail, EL AL, Etihad Airways, EVA Air, Finnair, GOL, Gulf Air, Hawaiian Airlines, Iberia, Japan Airlines (JAL), Jet Airways, JetStar Airways, LAN (includes LAN Airlines, LAN Argentina, LAN Ecuador and LAN Peru), Niki Airlines, Qantas Airways, Royal Jordanian, S7 Airlines, and Vietnam Airlines.
American has established the AAdvantage frequent flyer program (AAdvantage). AAdvantage members earn mileage credits by flying on American, American Eagle and the AmericanConnection carrier or by using services of other participants in the AAdvantage program. Mileage credits can be redeemed for free, discounted or upgraded travel on American, American Eagle or other participating airlines, or for other awards. American sells mileage credits and related services to other participants in the AAdvantage program. There are over 1,000 program participants, including a credit card issuer, hotels, car rental co mpanies, and other products and services companies in the AAdvantage program. As of December 31, 2011, AAdvantage had approximately 69 million total members.
The Company competes with Alaska Airlines (Alaska), Delta Air Lines (Delta), Frontier Airlines, JetBlue Airways (JetBlue), Hawaiian Airlines, Southwest Airlines (Southwest) and AirTran Airways (Air Tran), Spirit Airlines, United Airlines (United) and Continental Airlines (Continental), US Airways and Virgin America Airlines.
Advisors' Opinion:- [By Asit Sharma]
Sometimes, when a muscular ally begins to seem less than cordial, it can help to make friends with other big kids on the block. To this effect, Alaska Airlines is seeking to increase its ties with American Airlines (NASDAQ: AAL ) . Alaska's marketing alliance with Delta contribut! es 3.8% o! f total company revenue, but American is not far behind at 2.6%. Strategically, the company may be looking to flip the two airlines' relative importance in order to make AAL its biggest codeshare partner, which was the case five years ago when American contributed 3.4% of total revenue, to Delta's 1.9%. One would think that diminishing revenue from Delta will be a significant priority for Alaska's management this year, as it's much easier to fend off a competitive challenge from a company when you're not also partially beholden to its income. Interestingly, when questioned on the company's Q4 2013 earnings call, Vice President of Planning and Revenue Management Andrew Harrison disclosed that ALK is indeed exploring revenue options with American's management team.
- [By Ben Levisohn]
Yes, according to Wolfe Research’s Hunter Keay and Jared Shojaian, who remain bullish on American Airlines (AAL) despite its 49% rise so far this year.
- [By Ben Levisohn]
Yesterday, American Airlines (AAL) rose 1.9%, while Delta Air Lines (DAL) gained 1.8%, Southwest Airlines (LUV) advanced 0.8% and United Continental (UAL) finished up 0.3%, even as the S&P 500 fell 0.5%.
- [By Ben Levisohn]
The stock market is sinking today, but airline stocks like United Continental (UAL), Delta Air Lines (DAL) and American Airlines (AAL) have taken off.
source from Top Stocks Blog:http://www.topstocksblog.com/hot-airline-companies-to-invest-in-right-now.html