Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

AMERICAN AIRLINES GROUP INC.

(AAL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

JetBlue readies parked planes to fly to new routes

09/10/2020 | 10:47am EDT

It's a dash for cash in the struggling airline industry and JetBlue isn't planning on sitting on the sidelines.

The airline said Thursday that it will add 24 routes later this year and it plans to put some parked planes back into operation to fly to those new destinations.

These new flights will be in regions where the company anticipates an uptick in leisure travel. Unlike its bigger rivals, JetBlue tends to stick to closer to home - focusing mostly on domestic flights and travel to parts of the Caribbean.

In June, in announced a partnership with American Airlines in order to boost flying options out of its two main hubs: New York and Boston.

Bigger rivals - Delta, United and American - are trying to right-size their hobbled businesses with plans to lay off or furlough tens of thousands of employees starting October 1st. The Big Three also scrapped ticket-change fees in an attempt to lure customers back.

JetBlue isn't immune from the ills facing the industry. It expects capacity in the third quarter to be down at least 45 percent compared to the same time last year. And JetBlue predicts it will burn through up to $9 million a day as it keeps flying, with its planes less-than full.


© Reuters 2020
All news about AMERICAN AIRLINES GROUP INC.
06/14AMERICAN AIRLINES  : Taking pride in the pursuit of parenthood
PU
06/14AMERICAN AIRLINES  : Citigroup Adjusts Price Target on American Airlines Group t..
MT
06/11BROADSTONE ACQUISITION  : UK's Vertical Aerospace to Go Public in $2.2 Billion S..
MT
06/11AMERICAN AIRLINES  : REGULATION FD DISCLOSURE (Form 8-K)
PU
06/11AMERICAN AIRLINES GROUP INC.  : Regulation FD Disclosure (form 8-K)
AQ
06/10Vertical Aerospace Confirms $2.2 Billion Merger with SPAC Broadstone to List ..
MT
06/10NEWS HIGHLIGHTS : Top Company News of the Day
DJ
06/10AMERICAN AIRLINES  : Saying Goodbye to American Way
PU
06/10Vertical Aerospace to go public in $2.2 billion SPAC deal
RE
06/10AMERICAN AIRLINES  : to Invest $25 Million in Britain's Vertical Aerospace, Plac..
MT
More news
Financials (USD)
Sales 2021 28 070 M - -
Net income 2021 -3 146 M - -
Net Debt 2021 31 609 M - -
P/E ratio 2021 -4,34x
Yield 2021 -
Capitalization 14 643 M 14 643 M -
EV / Sales 2021 1,65x
EV / Sales 2022 1,19x
Nbr of Employees 113 200
Free-Float 99,0%
Chart AMERICAN AIRLINES GROUP INC.
Duration : Period :
American Airlines Group Inc. Technical Analysis Chart | AAL | US02376R1023 | MarketScreener
Technical analysis trends AMERICAN AIRLINES GROUP INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 23
Average target price 18,24 $
Last Close Price 22,83 $
Spread / Highest target 27,0%
Spread / Average Target -20,1%
Spread / Lowest Target -78,1%
EPS Revisions
Managers and Directors
NameTitle
William Douglas Parker Chairman & Chief Executive Officer
Robert D. Isom President
Derek J. Kerr Chief Financial & Accounting Officer, Executive VP
Maya Leibman Chief Information Officer & Executive VP
Kevin Brickner Senior Vice President-Technical Operations