American Airlines, the world's largest air carrier, saw its revenues drop by $775 million in 2016 as it faced the same headwinds as the wider industry: fiercer fare competition and a strong U.S. dollar. The company's fleet shrank slightly in the year it added 55 planes and retired 71 but American still maintains the largest and youngest fleet of the main U.S. carriers. The airline's CEO, Doug Parker, continues to face pressure from American's pilots' union, which in February 2017 passed a vote of no confidence, citing delays in implementing their contract and a "toxic" work culture.
Company Info
CEO | W. Douglas Parker |
CEO Title | Chairman & Chief Executive Officer |
Sector | Transportation |
Industry | Airlines |
HQ Location | Fort Worth, TX |
Website | www.aa.com |
Years on Fortune 500 List | 23 |
Employees | 122,300 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $40,180 |
Profits ($M) | $2,676 |
Assets ($M) | $51,274 |
Total Stockholder Equity ($M) | $3,785 |
Market Value — as of March 31, 2017 ($M) | $21,326 |
Profit Ratios
Profit as % of Revenues | 6.7% |
Profits as % of Assets | 5.2% |
Profits as % of Stockholder Equity | 70.7% |
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($) | 5 |
EPS % Change (from 2015) | -56.5% |
EPS % Change (5 year annual rate) | - |
EPS % Change (10 year annual rate) | - |
Total Return
Total Return to Investors (2016) | 11.4% |
Total Return to Investors (5 year, annualized) | - |
Total Return to Investors (10 year, annualized) | - |