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American Airlines Group Inc (AAL.OQ)

AAL.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

AMERICAN AIRLINES ANNOUNCES NEW SERVICE TO REYKJAVIK, ICELAND
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - American Airlines Group Inc ::AMERICAN AIRLINES ANNOUNCES NEW SERVICE TO REYKJAVIK, ICELAND.‍SERVICE TO ICELAND'S CAPITAL CITY BEGINS JUNE 7 FROM AMERICAN'S DALLAS-FORT WORTH (DFW) HUB​.  Full Article

American Airlines says entered into amendment to credit and guaranty agreement
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - American Airlines Group Inc :Says on Nov 1, American Airlines, co entered third amendment to credit and guaranty agreement amending agreement dated April 29, 2016​.Says‍ under amendment, American refinanced existing term loans with proceeds of term loans incurred pursuant to third amendment​.Says ‍revolving credit facility under April 2016 credit agreement remains unchanged - SEC filing​.  Full Article

Embraer SA - Co and American Airlines Inc signed a firm order for ten E175 jets​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - American Airlines Group Inc :Embraer SA - co and American Airlines Inc signed a firm order for ten E175 jets​.Embraer SA - ‍this new order is in addition to one placed in April for four aircraft; order is valued at $ 457 million, will be included in co's Q4 backlog​.Embraer SA - ‍deliveries begin in 2018 and continue through mid-2019​.  Full Article

American airlines expects Q4 TRASM to be up about 2.5 to 4.5 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - American Airlines Group Inc :American Airlines Group Inc - expects Q4 total revenue per available seat mile (TRASM) to be up approximately 2.5 to 4.5 percent year-over-year‍​.American Airlines Group Inc -consolidated CASM excluding fuel and special items is expected to be up approximately 5.5 percent in 2017 ‍​.American Airlines Group Inc - expects its fourth quarter pre-tax margin excluding special items to be approximately 4.5 to 6.5 percent - SEC filing.American Airlines Group Inc - 2017 total system capacity is expected to be up approximately 1 percent versus. 2016‍​.American Airlines Group Inc - in 2017, the company expects to reduce the regional fleet count by a net of 8 aircraft‍​.American Airlines - in 2017, expects to retire 39 mainline aircraft, including 3 A320 aircraft, 17 B757 aircraft, 7 B763 aircraft, 12 MD80 aircraft.American Airlines - in 2017, expects to take delivery of 57 mainline aircraft comprised of 20 A321 aircraft, 20 B738 aircraft, among others.  Full Article

American Airlines Group reports third-quarter profit
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - American Airlines Group Inc :American Airlines Group reports third-quarter profit.Q3 earnings per share $1.42 excluding items.Q3 earnings per share $1.28.Q3 earnings per share view $1.40 -- Thomson Reuters I/B/E/S.American Airlines Group Inc - qtrly ‍total operating revenues $10,878 million versus $10,594​ million.American Airlines Group Inc - ‍during Q3, co's operations were hurt by hurricanes Harvey, Irma & Maria, reducing pre-tax earnings by estimated $75 million​.American Airlines Group Inc - qtrly total Mainline & Regional available seat miles ‍73,053​ million versus 71,911 million.American Airlines Group Inc - qtrly total Mainline & Regional passenger revenue per ASM ‍​12.84 cents versus 12.72 cents.American Airlines Group Inc - qtrly total Mainline & Regional revenue passenger miles ‍60,471​ million versus 59,919 million.American Airlines Group Inc - qtrly total Mainline & Regional passenger load factor ‍​82.8 percent versus 83.3 percent.American Airlines Group Inc - in quarter, ‍recorded a third-quarter 2017 pre-tax profit of $1.0 billion, or $1.1 billion excluding net special items​.American Airlines - identified nearly $3 billion of revenue opportunities through 2021, including product segmentation, co-branded partnerships.American Airlines - ‍identified more than 400 efficiency-related projects which we estimate will provide $1 billion of benefit over next four years​.  Full Article

American Airlines expects Q3 TRASM to be up about 0.5 to 1.5 pct vs 2016​ - SEC filing
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - American Airlines Group Inc : :American Airlines Group Inc says ‍continues to expect that Q4 trasm growth versus. 2016 will exceed Q3 growth​ - SEC filing.American Airlines - ‍expects Q3 total revenue per available seat mile to be up approximately 0.5 to 1.5 percent versus. 2016 - SEC filing​.American Airlines Group Inc - 2017 total system capacity is expected to be up approximately 1 percent versus 2016‍​.American Airlines Group Inc - ‍consolidated CASM excluding fuel and special items is expected to be up approximately 5.5 percent in 2017​.American airlines group inc - ‍expects value of net special items in q3 to be approximately $100 million​.American Airlines Group Inc - ‍Q3 consolidated CASM excluding fuel and special items is expected to be up approximately 4.5 percent year-over-year​.American Airlines Group Inc - ‍expects to pay an average of between $1.64 and $1.69 per gallon of mainline jet fuel in Q3​.American Airlines Group Inc sees ‍available seat miles for Q3 2017 of about 64.6 billion and sees ASMS for Q4 2017 of about 58.​9 billion.  Full Article

American Airlines - ‍Entered into amended note purchase agreement
Friday, 6 Oct 2017 

Oct 6 (Reuters) - American Airlines Group Inc :American Airlines - ‍ entered into amended, restated note purchase agreement to provide for future issuance by American of Series B equipment notes.American Airlines Group Inc - ‍ agreement amendments to provide for future issuance by American of Series B equipment notes in amount of $220.7 million.  Full Article

American Airlines CEO on CNBC says infrastructure doesn't exist in Puerto Rico to ramp up operations
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - :American Airlines CEO Doug Parker on CNBC says the infrastructure doesn't exist in Puerto Rico to ramp up operations.American Airlines CEO Doug Parker on CNBC says co should be a $70 stock.  Full Article

American Airlines Group reports record Aug traffic results
Tuesday, 12 Sep 2017 

Sept 12 (Reuters) - American Airlines Group Inc :American Airlines Group reports record August traffic results.August passenger load factor 83.3 percent, up 0.4 points.American Airlines Group Inc - Aug ‍revenue passenger miles were 21.2 billion, up 3.7 percent versus August 2016​.American Airlines Group Inc - ‍Company continues to believe that Q4 trasm growth will exceed Q3 growth​.American Airlines Group Inc - ‍Now expects its Q3 2017 TRASM to be approximately flat to up one percent year-over-year​.American Airlines Group Inc - Total capacity was 25.5 billion available seat miles, up 3.2 percent versus august 2016.American Airlines - ‍Including impact of higher fuel costs for quarter, now expects Q3 pre-tax margin ex. special items to be between 8.5 percent - 10.5 percent.  Full Article

American Airlines and American Airlines Group Inc enters into amendment to credit and guaranty agreement dated as of April 29, 2016
Monday, 21 Aug 2017 

Aug 21 (Reuters) - American Airlines Group Inc ::American Airlines - Co and American Airlines Group Inc entered into a second amendment to credit and guaranty agreement .American Airlines - pursuant to amendment, a new revolving credit facility has been added to April 2016 credit agreement with commitments of $300 million.American Airlines - ‍pursuant to second amendment, credit and guaranty agreement​ has a maturity date of October 13, 2022.American Airlines - ‍also entered into a third amendment to amended and restated credit and guaranty agreement dated as of May 21, 2015​.American Airlines - pursuant to third amendment, credit facility commitments under 2013 credit agreement are reduced to aggregate of $1.2 billion from $1.4 billion.American Airlines - maturity date of revolving credit facility under 2013 credit agreement is extended to October 13, 2022.American Airlines - ‍entered into a fourth amendment to amended and restated credit and guaranty agreement dated as of April 20, 2015​.American Airlines- ‍pursuant to fourth amendment, revolving credit facility commitments under 2014 credit agreement reduced to $1.00 billion from $1.03 billion.American Airlines - ‍pursuant to fourth amendment, lhr credit agreement is extended to October 13, 2022​.  Full Article

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Business jets risk U.S. pilot shortage on competition from airlines

MONTREAL Business jet operators, already offering double digit raises to attract pilots, could face a labour shortfall in North America as they compete with U.S. airlines for talent, executives and analysts said.