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MarketScreener Homepage  >  Equities  >  Nasdaq  >  American Airlines Group    AAL

AMERICAN AIRLINES GROUP

(AAL)
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American Airlines : Supporting Those Affected by Hurricane Michael

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10/11/2018 | 08:23pm EDT

As operations resume in areas impacted by Hurricane Michael, American Airlines is ramping up efforts to support those impacted in the communities it serves.

Later this month, 200 Miami-based team members will pack 5,000 hygiene comfort kits with soap, deodorant, towels, toothbrushes, toothpaste and more to be distributed by the American Red Cross to those most impacted by Hurricane Michael. Early next month, more than 200 team members in Chicago will partner with Feeding America to assemble 75,000 pounds of food for food banks in the areas impacted by recent natural disasters.

American Airlines is a proud to be a $1 million member of the Red Cross Annual Disaster Giving Program (ADGP) and is committed to supporting those impacted by natural disasters like Hurricane Michael. Last month American made a $300,000 donation to the Red Cross to help those impacted by Hurricane Florence.

The Red Cross has activated its fullest resources in the impacted regions of Hurricane Michael. Monetary donations are the best way to assist those in need at this time, which will help provide shelter, food, relief supplies and health services through trained Red Cross personnel who are on the ground in disaster areas. From now through Nov. 2, AAdvantage members can earn 10 miles for every dollar donated to the Red Cross with a minimum $25 donation. Visit the Red Cross website to donate now.

Late last month more than 170 team members descended on the Charlotte Douglas International Airport Line Maintenance hangar to help those impacted by Hurricane Florence. Team members spent the day packing 75,000 pounds of food into 5,000 emergency food kits, to be distributed to individuals affected by recent natural disasters. American partnered with Feeding America, a national non-profit organization who works with local food banks to connect people with food in times of need. Second Harvest Food Bank of Metrolina was the recipient of all 5,000 kits. They then transported all the meals to Fayetteville, Charleston, Myrtle Beach and other coastal Carolina cities.

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 11 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 October 2018 00:22:02 UTC

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Financials ($)
Sales 2019 46 345 M
EBIT 2019 3 685 M
Net income 2019 2 396 M
Debt 2019 23 615 M
Yield 2019 1,37%
P/E ratio 2019 5,98
P/E ratio 2020 5,31
EV / Sales 2019 0,79x
EV / Sales 2020 0,74x
Capitalization 13 123 M
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Average target price 40,8 $
Spread / Average Target 38%
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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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