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AMERICAN AIRLINES GROUP (AAL)
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American Airlines : Donates $50,000 to Pittsburgh Community

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10/30/2018 | 01:07pm CET

FORT WORTH, Texas - American Airlines is donating $25,000 to the Tree of Life Synagogue in Pittsburgh and $25,000 to the Jewish Federation of Greater Pittsburgh's Our Victims of Terror Fund to support the community in the wake of Saturday's shooting.

'We were devastated to learn about the senseless act of violence this weekend at the Tree of Life Synagogue,' said Chairman and CEO Doug Parker. 'American has been serving the Pennsylvania community for nearly 80 years, and we want to do our part to ensure members of the synagogue and affected Pittsburghers have access to the resources they need to care for those impacted.'

The Jewish Federation of Greater Pittsburgh is the heart of Jewish Pittsburgh - the central fundraising, planning and organizing body of the Jewish community. It is committed to creating a thriving, vibrant, and engaged Jewish Community in Pittsburgh, in Israel, and around the world. Funds collected for Our Victims of Terror are ‍​​‌‌‌​​​‌​​​​‌‌‌​‌‌​‍earmarked for psychological services, support for families, general services, reconstruction, additional security throughout the community, and medical bills for all those involved, as well as counseling and other services that may prove necessary in the future. In the Jewish Federation's emergency campaigns such as this, 100 percent of the money raised will go directly to the cause.

'Despite this terrible tragedy, the outpouring of support from around the world has been truly heartwarming,' said Adam Hertzman, Director of Marketing for the Jewish Federation. 'We are so grateful to American Airlines for joining so many people and organizations in reaching out to help the Pittsburgh community in our time of greatest need.'

American is committed to inclusion in the communities where we live and work, as well as nationally and globally. The airline began working with the Anti-Defamation League (ADL) in 2017 to fight hate, bias, and bigotry and build respect, understanding, and unity. ADL and American share the goals of creating safe and inclusive communities where being different is not a liability, and diversity is a cherished strength.

The company also supports the Dallas Holocaust Museum/Center for Education and Tolerance. Founded in 1984, the museum is dedicated to teaching the history of the Holocaust and advancing human rights to combat prejudice, hatred, and indifference.

American's roots in Pennsylvania go back to 1939, when predecessor airline All American Airlines began operating in many small western Pennsylvania communities. Today, American proudly employs nearly 10,000 team members in Pennsylvania and operates 504 daily departures from eight cities across the state, 47 of which are from Pittsburgh.

About American Airlines Group
American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. American is a founding member of the oneworld® alliance, whose members serve more than 1,000 destinations with about 14,250 daily flights to over 150 countries. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its stock joined the S&P 500 index. Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

Disclaimer

American Airlines Group Inc. published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 12:06:01 UTC

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Financials ($)
Sales 2018 44 672 M
EBIT 2018 3 381 M
Net income 2018 2 063 M
Debt 2018 23 356 M
Yield 2018 1,08%
P/E ratio 2018 11,41
P/E ratio 2019 6,93
EV / Sales 2018 0,92x
EV / Sales 2019 0,87x
Capitalization 17 553 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 47,6 $
Spread / Average Target 25%
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Managers
NameTitle
William Douglas Parker Chairman & Chief Executive Officer
Robert D. Isom President
Derek J. Kerr Chief Financial & Accounting Officer, Executive VP
Maya Leibman Chief Information Officer & Executive VP
Craig Barton Vice President-Technical Services
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