The American Airline Group AAL was formed in December 2013 with the merger of AMR Corporation, AAL’s parent company, and the US Airways Group. Ever since the merger, it has become one of the largest airline companies in the world. With more than 6700 daily flights to 56 countries, it has massive $40B operating revenue. The NASDAQ aal athttps://www.webull.com/quote/nasdaq-aal has improved quite a lot with the huge empire and is listed at number 68 in the fortune 500 lists of the largest US Corporation based on their revenue. It plans to take 607 new aircraft for international transport of cargo and passengers over 350 locations around the world.
Regional Carriers of American Airlines
The American Eagle is the regional carrier of American Airlines and operates at the frequency of 3,400 flights per day around 250 locations in the USA, Mexico, the Caribbean, and Canada. Together they contribute for seven regional carriers, viz.
- Envoy Air Inc. – Operates 900 daily aircraft.
- Piedmont Airlines Inc. – Operates in 80 locations around the US.
- PSA Airlines Inc. – Operates 700 daily flights in 90 domestic locations.
Through all these daily flights, NASDAQ aal has been quite efficient in the transport of goods and passengers around the world.
Trading with Nasdaq AAL
Trading with American Airlines has always been beneficial considering its daily flight frequency and its growth over the past few years. It has been on an ever high since its merger with the US Airways Group. According to the investors, the previously bought stocks at the AAL must be held for now as it shows a trend of future growth. It has been underperforming due to the recent crisis but is expected to boom as soon as the airlines carry on with their daily commute. Hence, all the stocks bought at NASDAQ aal must not be sold as of now.
Everything about the trading aspects of AAL
The trading aspect of AAL consists of various values that every investor must consider before investing or buying stocks in it. Here is everything you need to know before trading with AAL
- Stock Exchange – NASDAQ
- Debt to Equity Ratio – 135.16
- Current Ratio – 0.37
- Quick Ratio – 0.28
- Annual Sales – $45.77 Billions
- Price/Sale – 0.12
- Cash Flow – $11.01 per share
- EPS (Earnings per share) – $4.90
- Net Income – $1.6 Billions
- Return on Equity – -124.31%
- Return on Asset – 1.35%
- Employees – 133,700
- Market Cap – $5.63 Billions
- Next EPS date – 07/23/2020
All the above information is very vital considering its net growth and market cap. The above table is the most valuable chart that any investor looks for before investing in the NASDAQ aal. Now you can buy stocks app for professional trading.