American Airlines Group Inc.

What does American Airlines own?
American Airlines owns American Airlines, Inc. (the mainline carrier), Envoy Air Inc., PSA Airlines Inc., and Piedmont Airlines Inc. (regional carriers operating as American Eagle). The company also partners with third-party regional carriers including Republic Airways and SkyWest Airlines. American is a founding member of the oneworld alliance.

Is American Airlines publicly traded?
Yes. American Airlines Group Inc. trades on NASDAQ under the ticker symbol AAL. The company has been publicly traded since emerging from Chapter 11 bankruptcy in December 2013 through the merger with US Airways.

Who founded American Airlines?
American Airlines traces its origins to 1926, when Charles Lindbergh flew the first air mail route for Robertson Aircraft Corporation. The company was formally founded as American Airlines in 1934 by E.L. Cord, who assembled approximately 80 small airlines into a single carrier. American Airlines Group was formed in 1982 as AMR Corporation.

Where is American Airlines headquartered?
American Airlines is headquartered at 1 Skyview Drive, Fort Worth, Texas, USA, at the Robert L. Crandall campus. The 300-acre campus can support up to 12,000 team members on site. American is the largest employer in North Texas.

How many brands does American Airlines own?
American Airlines owns 5 airline brands: American Airlines (mainline), Envoy Air, PSA Airlines, Piedmont Airlines, and the American Eagle regional brand. The company operates within a single industry (air transportation) and does not have a diversified brand portfolio outside aviation.

Who owns American Airlines?
American Airlines is a publicly traded company with no single controlling shareholder. Institutional investors including Vanguard Group, BlackRock, and State Street Corporation are among the largest holders. All shares carry equal voting rights. The company does not have a dual-class share structure.

What is American Airlines' revenue?
American Airlines reported FY2025 revenue of $54.6 billion, a record, up 0.8% from $54.2 billion in FY2024. Net income was $111 million, or $0.17 per diluted share. Q4 2025 revenue was $14.0 billion, up 2.5% year over year.

American Airlines traces its origins to 1926, when Charles Lindbergh flew the first air mail route for Robertson Aircraft Corporation, one of several small air mail carriers that would eventually consolidate into American Airlines. The company was formally founded as American Airlines in 1934 by E.L. Cord, who assembled approximately 80 small airlines into a single carrier.

In 1982, AMR Corporation was formed as the parent company of American Airlines, creating the holding company structure that exists today. AMR Corporation changed its name to American Airlines Group Inc. in 2013 following the merger with US Airways.

American has grown through several major mergers. In 2001, American acquired Trans World Airlines (TWA) for approximately $500 million in a deal approved by bankruptcy court, adding TWA's aircraft, routes, and St. Louis hub. In 2013, American Airlines merged with US Airways in a deal valued at approximately $11 billion, creating the world's largest airline by fleet size and revenue. The merger was completed in December 2013, and AMR Corporation emerged from Chapter 11 bankruptcy. The combined company was renamed American Airlines Group Inc. and began trading on NASDAQ under ticker AAL.

Doug Parker led the US Airways merger and served as CEO from 2013 until his retirement in March 2022. Robert Isom, previously president of American, succeeded Parker as CEO. Under Isom, American has focused on debt reduction, fleet renewal, and premium product expansion.

American filed for Chapter 11 bankruptcy in November 2011, citing high labor costs and fuel prices. The bankruptcy allowed the company to restructure labor contracts, reduce debt, and merge with US Airways. The company emerged from bankruptcy in December 2013.

In 2025, American announced over 20 new routes for 2026, including its first trans-Atlantic route to be flown by the Airbus A321XLR from New York to Edinburgh, Scotland. The company also announced a $4 billion increased investment in Terminal F at Dallas Fort Worth International Airport, positioning DFW to become the largest single-carrier hub in the world.

For FY2025, American reported record revenue of $54.6 billion, up 0.8% from $54.2 billion in FY2024. Q4 2025 revenue was $14.0 billion, up 2.5% year over year. The government shutdown negatively impacted Q4 revenue by approximately $325 million. Net income was $111 million. The company reduced total debt by $2.1 billion in 2025 and expects free cash flow of more than $2 billion in 2026.

American Airlines publishes an annual sustainability report detailing its environmental commitments. The company has invested in fleet renewal to improve fuel efficiency, achieving an estimated 6.5% improvement in mainline fuel efficiency since 2019 through newer aircraft including Boeing 737-8 MAX, Boeing 787-9, and Airbus A321XLR.

American has committed to reducing greenhouse gas emissions and has invested in sustainable aviation fuel (SAF). The company is a member of the oneworld alliance's sustainability initiative. However, aviation is inherently carbon-intensive, and SAF production remains limited at scale.

The company has faced scrutiny over labor relations, with approximately 86% of employees unionized. American has experienced labor disputes, particularly during bankruptcy restructuring in 2011-2013. In recent years, the company has negotiated new collective bargaining agreements with major unions including ALPA and AFA.

American's sustainability reporting is self-published and not independently certified. The company has not pursued B Corp certification.

• Air Transport World Airline of the Year: American has received this recognition in past years, one of the industry's highest honors.
• SKYTRAX ratings: American has received SKYTRAX 3-Star and 4-Star ratings in various categories.
• APEX awards: American has received APEX awards for passenger experience and product innovation.

American Airlines filed for Chapter 11 bankruptcy in November 2011, citing high labor costs, fuel prices, and debt load. The bankruptcy resulted in the termination of employee pension plans, which were transferred to the Pension Benefit Guaranty Corporation (PBGC). The pension termination affected approximately 130,000 employees and retirees and was controversial. American emerged from bankruptcy in December 2013 through the merger with US Airways.

The U.S. government shutdown in Q4 2025 negatively impacted American's revenue by approximately $325 million, demonstrating the airline's vulnerability to political events. The shutdown affected government travel and air traffic control operations.

American has faced scrutiny over its AAdvantage loyalty program, including concerns about devaluation of miles and changes to award pricing. The Department of Transportation has investigated airline loyalty programs, including AAdvantage, for transparency and consumer protection.

The company has faced operational disruptions, including technology outages and weather-related cancellations. In 2024, American experienced a ground stop due to a technology issue that briefly halted all flights. The company has invested in technology infrastructure to reduce operational disruptions.