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OFFON

AMERICAN AIRLINES GROUP INC.

(AAL)
  Report
Delayed Quote. Delayed Nasdaq - 12/03 04:00:01 pm
16.62 USD   -4.59%
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American Airlines Reimagines Its AAdvantage Loyalty Program Giving Members More Ways to Earn Status

10/26/2021 | 10:06am EST

FORT WORTH, Texas - American Airlines is redesigning its award-winning AAdvantage® loyalty program, ridding it of complicated elite qualifying metrics for an easy-to-understand point system that provides multiple ways to earn status. In 2022, AAdvantage members can earn status by flying, using an AAdvantage credit card or spending with an AAdvantage partner.

  • American is eliminating complicated elite qualifying metrics, introducing Loyalty Points where one qualifying AAdvantage® mile earned equals one Loyalty Point.
  • In a newly redesigned loyalty program, AAdvantage members can earn status by flying, using an AAdvantage credit card or spending with an AAdvantage partner.
  • Members can unlock Loyalty Choice Rewards when they earn Platinum Pro status or higher and fly at least 30 flights on American or qualifying partner airlines.

FORT WORTH, Texas - American Airlines is redesigning its award-winning AAdvantage® loyalty program, ridding it of complicated elite qualifying metrics for an easy-to-understand point system that provides multiple ways to earn status. In 2022, AAdvantage members can earn status by flying, using an AAdvantage credit card for purchases or spending with an AAdvantage partner.

"Loyalty should be simple, and we have reimagined our AAdvantage program to a single point system that provides a clear path to earning status for our members," said Chief Customer Officer Alison Taylor. "For our loyal members, the message is simple: Earn AAdvantage miles, earn status - whether that's by flying on American or by spending on everyday activities. We thank our members for their continued loyalty and look forward to this renewed relationship as we enter 2022."

Achieving AAdvantage status

For every qualifying AAdvantage mile earned, members will earn one Loyalty Point. Here's how to earn points:

  • Members can earn Loyalty Points by flying on American or one of its eligible partner airlines.
  • You can also earn Loyalty Points when you use an AAdvantage credit card for purchases.
  • Don't fly often, no problem. Join fellow AAdvantage members who will earn Loyalty Points every year just by shopping online or dining out.

AAdvantage 2022 status requirements

Status Loyalty Points
Gold 30,000
Platinum 75,000
Platinum Pro 125,000
Executive Platinum 200,000

Extending status and a chance to double dip

To thank our members for their continued loyalty, American is extending all current members AAdvantage status through March 31, 2022.

And members can also double dip as any qualifying activity earned in January and February will count towards both 2022 and 2023 AAdvantage status. This gives members an extra two months to earn elite status for both years.

In the future, members will qualify for status from March through February, with status valid through March 31 of the following year.

Unlock Loyalty Choice Rewards

Next year, AAdvantage members can unlock Loyalty Choice Rewards, formerly called elite choice rewards. Loyalty Choice Rewards is a menu of rewards awarded to members that earn Platinum Pro status or higher and fly at least 30 flights on American or qualifying partner airlines.

Members can select the Loyalty Choice Reward they value the most, including an Admirals Club day pass, systemwide upgrades or bonus AAdvantage miles. Additional Loyalty Choice Rewards are available to unlock as members accrue more Loyalty Points.

To learn more about the AAdvantage refresh, check out aa.com/newaadvantage.

About American Airlines Group
American's purpose is to care for people on life's journey. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company's stock is included in the S&P 500. Learn more about what's happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

Disclaimer

American Airlines Group Inc. published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 14:05:02 UTC.


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Financials (USD)
Sales 2021 29 505 M - -
Net income 2021 -2 226 M - -
Net Debt 2021 32 109 M - -
P/E ratio 2021 -4,74x
Yield 2021 -
Capitalization 10 761 M 10 761 M -
EV / Sales 2021 1,45x
EV / Sales 2022 0,97x
Nbr of Employees 119 800
Free-Float 99,0%
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 16,62 $
Average target price 19,03 $
Spread / Average Target 14,5%
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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