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American Airlines

#1358

Rank

$11.84B

MarketCap US

US United States

Country

Summary
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo. As of December 31, 2021, it operated a mainline fleet of 865 aircraft. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1930 and is headquartered in Fort Worth, Texas.

History

American Airlines was started in 1930 via a union of more than eighty small airlines. The two organizations from which American Airlines was originated were Robertson Aircraft Corporation and Colonial Air Transport. The former was first created in Missouri in 1921, with both being merged in 1929 into holding company The Aviation Corporation. This, in turn, was made in 1930 into an operating company and rebranded as American Airways. In 1934, when new laws and attrition of mail contracts forced many airlines to reorganize, the corporation redid its routes into a connected system and was renamed American Airlines. Between 1970 and 2000, the company grew into being an international carrier, purchasing Trans World Airlines in 2001.American had a direct role in the development of the DC-3, which resulted from a marathon telephone call from American Airlines CEO C. R. Smith to Douglas Aircraft Company founder Donald Wills Douglas Sr., when Smith persuaded a reluctant Douglas to design a sleeper aircraft based on the DC-2 to replace American's Curtiss Condor II biplanes. wide, too narrow for side-by-side berths.) Douglas agreed to go ahead with development only after Smith informed him of American's intention to purchase 20 aircraft. The prototype DST first flew on December 17, 1935, . Its cabin was 92 in wide, and a version with 21 seats instead of the 14–16 sleeping berths of the DST was given the designation DC-3. There was no prototype DC-3; the first DC-3 built followed seven DSTs off the production line and was delivered to American Airlines. American Airlines inaugurated passenger service on June 26, 1936, with simultaneous flights from Newark, New Jersey, and Chicago, Illinois.

American also had a direct role in the development of the DC-10, which resulted from a specification from American Airlines to manufacturers in 1966 to offer a widebody aircraft that was smaller than the Boeing 747, but capable of flying similar long-range routes from airports with shorter runways. McDonnell Douglas responded with the DC-10 trijet shortly after the two companies' merger. On February 19, 1968, the president of American Airlines, George A. Spater, and James S. McDonnell of McDonnell Douglas announced American's intention to acquire the DC-10. American Airlines ordered 25 DC-10s in its first order. The DC-10 made its first flight on August 29, 1970, and received its type certificate from the FAA on July 29, 1971. On August 5, 1971, the DC-10 entered commercial service with American Airlines on a round trip flight between Los Angeles and Chicago.In 2011, due to a downturn in the airline industry, American Airlines' parent company AMR Corporation filed for bankruptcy protection. In 2013, American Airlines merged with US Airways but kept the American Airlines name, as it was the better-recognized brand internationally; the combination of the two airlines resulted in the creation of the largest airline in the United States, and ultimately the world.


Mission
At American Airlines, our goal is to provide superior customer service at an unbeatable value. We strive to provide the best experience on the ground and in the sky, from check-in to arrival. Our modern fleet and commitment to safety make us an industry leader.

Vision
At American Airlines, we strive to be the industry leader in both customer service and value. We will achieve this through our commitment to excellence, integrity, innovation and service.

Key Team

Mr. David Seymour (Sr. VP & COO)

Mr. Bruce Wark (VP & Deputy Gen. Counsel)

Mr. Ganesh Jayaram (Exec. VP and Chief Digital & Information Officer)

Scott Long (Managing Director of Investor Relations)

Mr. Ronald J. Defeo (Sr. VP and Chief Communications & Marketing Officer)

Ms. Priya Aiyar (Sr. VP of Corp. Affairs & Chief Legal Officer)

Mr. Kenji Hashimoto (Sr. VP of Fin. & Corp. Devel.)


Recognition and Awards
American Airlines won 6 awards in 2017 and 1 award in 2016. In 2017, American Airlines won for Top Rated Company Culture, Top Rated Company for Diversity, Top Rated Company Leadership, Top Rated Company Managers, Top Rated Teams and Top Rated Company Outlook. In 2016, American Airlines won for Top 30% Rated Team. Based on 3,945 ratings and 406 participants, employees at American Airlines are less satisfied with their work experience. The overall culture score, 63/100 or C-, incorporates employee ratings based on their feedback on the Office Culture, CEO Rating, Meetings and more.

References
American Airlines
Leadership team

Mr. Robert D. Isom Jr. (CEO & Director)

Mr. Derek J. Kerr (CFO, Vice Chair & Pres of American Eagle)

Mr. Stephen L. Johnson (Exec. VP and Strategic Advisor to the CEO, leadership Team & Director)

Products/ Services
Automotive, Transportation, Travel
Number of Employees
Above 50,000
Headquarters
Fort Worth, Texas, United States
Established
1930
Company Registration
SEC CIK number: 0000006201
Revenue
Above - 1B
Traded as
AAL
Social Media
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