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OFFON

AMERICAN AIRLINES GROUP INC.

(AAL)
  Report
Delayed Quote. Delayed Nasdaq - 09/24 04:00:00 pm
21.39 USD   +2.34%
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Taking a Stand: American Advocates for LGBTQ Rights and Hate Crimes Legislation

04/19/2021 | 12:43pm EDT

FORT WORTH, Texas - American joined with dozens of other Texas-based companies today in an open letter to state lawmakers, making clear the airline supports the inclusion of LGBTQ people in nondiscrimination laws and opposes any effort to exclude the LGBTQ community from full civil rights protections under the law. The effort was led by Texas Competes, a coalition of businesses aligned on ensuring a fair and welcoming Texas for LGBTQ people.

'Discrimination of any kind runs counter to American's mission of taking care of people on life's journey. Equity and inclusion are core values critical to the success of our company, and laws that create unequal treatment are not only bad policy, but are also bad for business,' said Molly Wilkinson, Vice President of Regulatory Affairs and PRIDE EBRG Executive Sponsor. 'For decades, American has proudly stood with the LGBTQ community and will continue to advocate for full inclusion, equity and protection under the law, because all of our team members and customers deserve to feel welcome and safe.'

In March, American joined Freedom for All Americans, a group of major U.S. companies opposed to legislation targeting transgendered youth in more than 30 states. The airline is also actively advocating for passage of the Equality Act, federal legislation that would provide the same basic protections for LGBTQ people provided to other protected groups under federal law. In February, the Equality Act passed the U.S. House of Representatives, and is under consideration in the U.S. Senate.

In addition to advocating for LGBTQ rights, American is working to ensure all 50 states have laws against hate crimes on the books. American has joined with the business communities in South Carolina, Arkansas and Wyoming, three states in the U.S. that do not currently have laws against hate crimes, to advocate that each state's legislature draft and pass legislation that explicitly and effectively prohibits crimes motivated by bias or prejudice.

'The rise in hate crimes against the Asian community are a reminder that bias crimes and racism are not limited to one race, ethnicity or sexual orientation. The necessary work required to combat targeted attacks requires all of us not just to watch with heavy hearts, but to also act with commitment,' said Cedric Rockamore, American's Vice President, Diversity Equity and Inclusion. 'At American, caring for people is not limited to one ethnicity or origin, one gender or age. We are tasked with caring for all people of all walks of life.'

American has long been an ally and advocate for LGBTQ rights, and has been recognized by the Human Rights Campaign (HRC) for nearly two decades as a leader among U.S. companies when it comes to workplace policies and practices for LGBTQ team members. American was the first major U.S. airline to protect LGBTQ team members by including gender identity and expression, and sexual orientation in workplace nondiscrimination policies.

American's commitment to Diversity, Equity and Inclusion
American Airlines proudly celebrates the diversity of our team members and our customers, and we work hard to create an open, inclusive culture where people from all backgrounds feel welcome. Through American's Office of Diversity, Equity and Inclusion, we are doing the work we laid out in our commitment to examine our corporate values, evolve policies and improve access and opportunities for all. In August, American Airlines was named to the Diversity Best Practices 2020 Inclusion Index, which recognizes top companies and organizations engaging in effective practices of diversity and inclusion.

About American Airlines Group
American's purpose is to care for people on life's journey. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company's stock is included in the S&P 500. Learn more about what's happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

Disclaimer

American Airlines Group Inc. published this content on 19 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2021 16:42:01 UTC.


ę Publicnow 2021
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Analyst Recommendations on AMERICAN AIRLINES GROUP INC.
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Financials (USD)
Sales 2021 29 808 M - -
Net income 2021 -1 987 M - -
Net Debt 2021 31 548 M - -
P/E ratio 2021 -5,98x
Yield 2021 -
Capitalization 13 849 M 13 849 M -
EV / Sales 2021 1,52x
EV / Sales 2022 1,07x
Nbr of Employees 117 400
Free-Float 98,1%
Chart AMERICAN AIRLINES GROUP INC.
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American Airlines Group Inc. Technical Analysis Chart | AAL | US02376R1023 | MarketScreener
Technical analysis trends AMERICAN AIRLINES GROUP INC.
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 21,39 $
Average target price 20,28 $
Spread / Average Target -5,21%
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Managers and Directors
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