Global 500

Rank
253
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American Airlines Group

US-ECONOMY-AIRLINES
American Airlines planes sit on the tarmac at Ronald Reagan Washington National Airport in Arlington County, Virginia, 3 miles (5 km) south of Washington, DC 24, 2017. Reagan National is a hub for American Airlines, which is Reagan National's largest carrier. / AFP / Daniel SLIM (Photo credit should read DANIEL SLIM/AFP/Getty Images)Daniel Slim — AFP/Getty Images
  • Previous Rank
    236
  • Revenues ($M)
    40180
  • Revenue Percent Change
    -2
  • Profits ($M)
    2676
  • Profits Percent Change
    -64.8
  • Assets ($M)
    51274
  • Employees
    122300

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 Information

CEOW. Douglas Parker
SectorTransportation
IndustryAirlines
HQ LocationFort Worth, TX
Websitewww.aa.com
Years on Global 500 List23
Employees122,300

Key Financials (Last Fiscal Year)

Revenues ($M)$40,180
Profits ($M)$2,676
Assets ($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%