Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

AMERICAN AIRLINES GROUP INC.

(AAL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

American Airlines : Boeing will require its 125,000 U.S. employees to be vaccinated against COVID-19

10/12/2021 | 07:38pm EST
FILE PHOTO: The Boeing logo is seen on the world headquarters office building in Chicago April 26, 2006. Boeing ..

WASHINGTON (Reuters) - Boeing Co said on Tuesday it will require its 125,000 U.S. employees to be vaccinated by Dec. 8 under an executive order issued by President Joe Biden for federal contractors.

"Boeing is requiring its U.S.-based employees to either show proof of vaccination or have an approved reasonable accommodation (based on a disability or sincerely held religious belief) by Dec. 8," the largest U.S. planemaker said.

The Society of Professional Engineering Employees in Aerospace (SPEEA) union said it was "talking with employers to ensure implementation gives proper consideration to members concerns, health issues and abides by the provisions of our negotiated contracts."

Just over 5,000 Boeing employees are in Texas, where Republican Governor Greg Abbott issued an executive order on Monday barring COVID-19 vaccine mandates by any entity, including private employers.

"Due to the Texas EO, the Boeing vaccination requirement announced today does not apply to local sites immediately. However, once these sites become covered under the Biden EO, we expect that they will subject to the vaccination requirement," a Boeing spokeswoman said.

Major U.S. airlines have said they will also meet the deadline imposed on federal contractors, including American Airlines, Southwest Airlines Co, JetBlue Airways Corp and Alaska Airlines, as has aircraft parts manufacturer Spirit AeroSystems.

The White House announced the Dec. 8 deadline for employees of federal contractors last month and the requirements are expected to cover millions of employees.

Government contractors International Business Machines Corp and Raytheon Technologies Corp have also said they will require all U.S. employees to be vaccinated. The White House is adding clauses to future government contracts mandating inoculations.

Steve Cave, a King & Spalding attorney who specializes in government contracts, told Reuters last month he expects the order will affect tens of millions of U.S. workers or more.

The Labor Department separately plans to issue an emergency temporary standard (ETS) requiring employers with more than 100 workers to have them inoculated or tested weekly - a policy expected to cover more than 80 million workers.

But that has still not gone to the White House regulatory office for review, suggesting the ETS is still at least weeks away.

(Reporting by David Shepardson and Eric Johnson; Editing by Chris Reese and Peter Cooney)

By David Shepardson


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AMERICAN AIRLINES GROUP INC. 0.63% 17.825 Delayed Quote.12.18%
JETBLUE AIRWAYS CORPORATION 1.86% 13.675 Delayed Quote.-7.70%
All news about AMERICAN AIRLINES GROUP INC.
10:41aAMERICAN AIRLINES : Makes Additional Commitment to Sustainable Aviation Fuel
PU
08:50aAemetis Wins Deal to Supply Sustainable Aviation Fuel to American Airlines
MT
11/30Aemetis to Deliver Sustainable Aviation Fuel to Eight Oneworld Alliance Airlines at San..
MT
11/30GIVING TUESDAY : Every Mile Counts
PU
11/30US Stocks Signal Weaker Session as Futures Slide Pre-Bell on Omicron Worries; Europe, A..
MT
11/30NORTH AMERICAN MORNING BRIEFING :
DJ
11/29Trial in U.S. Justice Department fight with American Airlines set for Sept 2022
RE
11/29Stocks tumble on new coronavirus variant fear
RE
11/26New COVID variant Omicron triggers global alarm, market sell-off
RE
11/26Stocks tumble on new coronavirus variant fear
RE
More news
Analyst Recommendations on AMERICAN AIRLINES GROUP INC.
More recommendations
Financials (USD)
Sales 2021 29 522 M - -
Net income 2021 -2 226 M - -
Net Debt 2021 32 109 M - -
P/E ratio 2021 -5,04x
Yield 2021 -
Capitalization 11 454 M 11 454 M -
EV / Sales 2021 1,48x
EV / Sales 2022 0,99x
Nbr of Employees 119 800
Free-Float 99,0%
Chart AMERICAN AIRLINES GROUP INC.
Duration : Period :
American Airlines Group Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMERICAN AIRLINES GROUP INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Last Close Price 17,69 $
Average target price 19,03 $
Spread / Average Target 7,55%
EPS Revisions
Managers and Directors
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
Kevin Brickner Senior Vice President-Technical Operations