American Airlines Group

American publicly traded airline holding company / From Wikipedia, the free encyclopedia

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American Airlines Group Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed on December 9, 2013, by the merger of AMR Corporation, the parent company of American Airlines and Air Choice One, and US Airways Group, the parent company of US Airways.[6] Integration was completed when the Federal Aviation Administration granted a single operating certificate for both carriers on April 8, 2015,[7] and all flights now operate under the American Airlines brand.

Quick facts: Type, Traded as, Industry, Predecessors, Foun...
American Airlines Group Inc.
PredecessorsAMR Corporation
US Airways Group[1]
FoundedDecember 9, 2013; 9 years ago (2013-12-09)
HeadquartersSkyview, ,
United States[1]
Number of locations
350 destinations*
Area served
Key people
Production output
6,700 daily flights[2] (2013)
ServicesAir transportation
RevenueIncrease US$48.97 billion (2022)
Increase US$1.61 billion (2022)
Increase US$127 million (2022)
Total assetsDecrease US$64.72 billion (2022)
Total equityIncrease US$−5.8 billion (2022)
Number of employees
c.129,700 (2022)
Footnotes / references
Financials as of December 31, 2022.[3]
* Hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington[4] [5]

The group operates the largest airline in the world, as measured by number of passengers carried, by fleet size and by scheduled passenger-kilometers flown. The company ranked No. 70 in the Fortune 500 list of the largest United States corporations based on its 2019 revenue,[8] but, impacted by the COVID-19 pandemic, it lost $2.2 billion in the first quarter of 2020 alone and accepted government aid. American Airlines is reported to be shrinking its passenger fleet.[8]