Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

AMERICAN AIRLINES GROUP INC.

(AAL)
  Report
Delayed Nasdaq  -  04:00 2022-11-30 pm EST
14.43 USD   +2.05%
11/30American Airlines, United Steelworkers Deal for Wage Increases in Toronto, Montreal Accepted by Union Members
MT
11/30United Steelworkers Unions Accepts 2-Year Wage Hike Deal With American Airlines in Toronto, Montreal
MT
11/29American Airlines Group Inc. : Regulation FD Disclosure (form 8-K)
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies
Days
:
Hours
:
Minutes
:
Seconds

Factbox-U.S. companies brace for Hurricane Ian

09/28/2022 | 11:17am EST
American Airlines planes are seen at the Tampa International Airport

(Reuters) - Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters.

Ian has strengthened into an extremely dangerous Category 4 storm, with maximum sustained winds of 155 miles per hour (250 km per hour), the Miami-based National Hurricane Center said on Wednesday.

Several U.S. companies have curtailed operations as they brace for impact:

HEAVY INDUSTRY AND TRANSPORT

Airlines have canceled nearly 2,000 U.S. flights as of Wednesday morning and scrapped 1,608 Thursday flights, as per FlightAware data, with American Airlines Group Inc and Southwest Airlines Co among the worst hit.

Some airports in Florida, including Orlando International Airport, have also halted operations.

United Parcel Service Inc said services in Florida "may be impacted". The company continues to provide pickup and delivery services as conditions permit.

ENERGY AND POWER

BP Plc evacuated personnel and halted output at its Na Kika and Thunder Horse offshore production platforms in the Gulf of Mexico on Monday. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets.

Chevron Corp also removed staff from two offshore Gulf of Mexico platforms.

Occidental Petroleum Corp and Hess Corp said they had taken precautions ahead of the storm's arrival and were implementing storm procedures without providing specifics.

NextEra Energy Inc's Florida Power & Light Co, the largest utility in the state, deployed nearly 16,000 workers from 27 states to restore power. About 221,100 customers were affected by power outages, with over 74,500 still out as of Wednesday morning, according to its power outage tracker.

Duke Energy Corp said it was mobilizing nearly 10,000 workers to repair electricity lines, clear vegetation, assess damage and more in its Florida service areas. Nearly 1,300 customers had reported being impacted by power outages, as per its outage tracker on Wednesday morning.

RETAILERS

Amazon.com Inc, which has about 10 fulfillment centers in Florida, will pause its operations in some sites in the state. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe.

More than 100 Walmart and Sam Clubs stores were closed in Florida, according to Walmart Inc's website.

THEME PARKS AND RESORTS

Walt Disney Co will close its theme and water parks on Wednesday and Thursday, while some of its hotels in the state were set to be closed through Friday. A spokesperson said the attractions that will be closed on Wednesday and Thursday include Animal Kingdom, Hollywood Studios, Epcot and Magic Kingdom.

Comcast Corp's Universal Resort and SeaWorld Entertainment Inc will be closed on Wednesday and Thursday.

CRUISE OPERATORS

Walt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

Carnival Corp's Carnival Cruise Line on Tuesday canceled two of its Thursday sailings from Florida due to port closures while also calling off a few stops on certain ships already on the sea.

Norwegian Cruise Line Holdings Ltd changed the itinerary of its Norwegian Sky's eight-day Western Caribbean voyage, which departed from Miami on Sunday. The company also canceled a Thursday sailing of Norwegian Getaway's ten-day Caribbean voyage departing from Florida.

Royal Caribbean Group said it has postponed a Thursday sailing of its Mariner of the Seas cruise to Friday. This was due to Port Canaveral's expected closure on Wednesday through Friday morning, while some of its other ships stayed at the sea or rerouted and called off a few stops.

PHARMACEUTICALS

Drugstore retailer Walgreens Boots Alliance said Florida pharmacies can refill medications for a 30-day supply without permission from a doctor or other prescribers, except in the case of controlled substances.

(Reporting by Ruhi Soni, Ananya Mariam Rajesh, Priyamvada C, Eva Mathews and Manas Mishra in Bengaluru; Editing by Maju Samuel)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 4.46% 96.54 Delayed Quote.-42.09%
AMERICAN AIRLINES GROUP INC. 2.05% 14.43 Delayed Quote.-19.65%
BP PLC 1.11% 497.5 Delayed Quote.52.13%
CARNIVAL CORPORATION 1.85% 9.93 Delayed Quote.-51.54%
CHEVRON CORPORATION 1.26% 183.31 Delayed Quote.56.21%
COMCAST CORPORATION 3.27% 36.64 Delayed Quote.-27.20%
DUKE ENERGY CORPORATION 2.03% 99.93 Delayed Quote.-6.63%
HESS CORPORATION 1.36% 143.91 Delayed Quote.91.79%
JETBLUE AIRWAYS CORPORATION 2.84% 7.96 Delayed Quote.-44.10%
NEXTERA ENERGY 2.68% 84.7 Delayed Quote.-9.28%
NORWEGIAN CRUISE LINE HOLDINGS LTD. -0.78% 16.44 Delayed Quote.-20.73%
OCCIDENTAL PETROLEUM CORPORATION 0.55% 69.49 Delayed Quote.138.39%
ROYAL CARIBBEAN GROUP 0.00% 59.93 Delayed Quote.-22.07%
SEAWORLD ENTERTAINMENT, INC. 2.94% 57.06 Delayed Quote.-12.03%
SOUTHWEST AIRLINES CO. 1.68% 39.91 Delayed Quote.-8.38%
WALGREENS BOOTS ALLIANCE, INC. 1.02% 41.5 Delayed Quote.-21.24%
WALMART INC. -0.36% 152.42 Delayed Quote.5.34%
WALT DISNEY COMPANY (THE) 3.36% 97.87 Delayed Quote.-36.81%
All news about AMERICAN AIRLINES GROUP INC.
11/30American Airlines, United Steelworkers Deal for Wage Increases in Toronto, Montreal Acc..
MT
11/30United Steelworkers Unions Accepts 2-Year Wage Hike Deal With American Airlines in Toro..
MT
11/29American Airlines Group Inc. : Regulation FD Disclosure (form 8-K)
AQ
11/22Insider Sell: American Airlines Group
MT
11/22American Airlines Adds More Flights to Phoenix in February, Welcoming More Sports Fans ..
AQ
11/21Wall Street slips as concerns rise of stricter China COVID curbs
RE
11/21Wall Street slips as concerns rise of stricter China COVID curbs
RE
11/21Boeing, Southwest defeat class actions over 737 MAX safety
RE
11/21China COVID cases weigh on Wall St; Disney jumps
RE
11/21Energy shares, China COVID cases weigh on Wall St; Disney jumps
RE
More news
Analyst Recommendations on AMERICAN AIRLINES GROUP INC.
More recommendations
Financials (USD)
Sales 2022 48 485 M - -
Net income 2022 -267 M - -
Net Debt 2022 28 398 M - -
P/E ratio 2022 -30,2x
Yield 2022 -
Capitalization 9 378 M 9 378 M -
EV / Sales 2022 0,78x
EV / Sales 2023 0,70x
Nbr of Employees 129 700
Free-Float 98,8%
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
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Last Close Price 14,43 $
Average target price 16,53 $
Spread / Average Target 14,6%
EPS Revisions
Managers and Directors
Robert D. Isom Chief Executive Officer & Director
Derek J. Kerr Chief Financial Officer & Executive Vice President
William Douglas Parker Chairman
Ganesh Jayaram Executive VP, Chief Digital & Information Officer
David G. Seymour Chief Operating Officer & Senior Vice President
Sector and Competitors