American Airlines traded at $12.31 this Friday May 15th, decreasing $0.39 or 3.07 percent since the previous trading session. Looking back, over the last four weeks, American Airlines lost 0.33 percent. Over the last 12 months, its price rose by 3.79 percent. Looking ahead, we forecast American Airlines to be priced at 12.06 by the end of this quarter and at 11.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
American Airlines Group Inc. is a holding company. The Company's primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, its primary business activity is the operation of network air carrier, providing scheduled air transportation for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia (D.C.) and partner gateways, including in London, Madrid, Seattle/Tacoma, Sydney and Tokyo. The Company's subsidiaries include American Airlines, Inc. (American), Envoy Aviation Group Inc. (Envoy), PSA Airlines, Inc. (PSA) and Piedmont Airlines, Inc. (Piedmont).