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Global 500

Daniel Slim — AFP/Getty Images

253

American Airlines Group

AAL

U.S.

American Airlines, the world’s largest air carrier, saw its revenues drop by $775 million in 2016 as it faced the same headwinds as the wider industry: fiercer fare competition and a strong U.S. dollar. The company’s fleet shrank slightly in the year “it added 55 planes and retired 71” but American still maintains the largest and youngest fleet of the main U.S. carriers. The airline’s CEO, Doug Parker, continues to face pressure from American’s pilots’ union, which in February 2017 passed a vote of no confidence, citing delays in implementing their contract and a “toxic” work culture.

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CEO

W. Douglas Parker

Sector

Transportation

Industry

Airlines

HQ Location

Fort Worth, TX

Website

Years on Global 500 List

23

Employees

122,300

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$40,180-2.0%
Profits ($M)$2,676.0-64.8%
Assets ($M)$51,274
Total Stockholder Equity ($M)$3,785
Profit Ratios
Profit as % of Revenues6.7%
Profits as % of Assets5.2%
Profits as % of Stockholder Equity70.7%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about American Airlines Group

American Airlines to Pay $45 Million to End Consumer Antitrust Lawsuit

American Airlines and three other major U.S. airlines were accused of colluding to limit plane capacity and drive up domestic airfares.

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Air Travel Is About to Become More Expensive, Airline CEOs Say

Fuel costs are to blame, but that doesn't help your wallet.

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United Names First Woman As Board Chair—A Job That Was Supposed to Go to Its Embattled CEO

Former FAA boss Jane Garvey led the agency through the aftermath of the Sept. 11 terrorist attacks.

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