American Airlines Investor Relations Material
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Q3 2024
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American Airline
American Airlines is an American commercial airline with global operations. The company offers flights to destinations across various continents including North America, South America, Europe, Asia, and Oceania. American Airlines is the largest commercial carrier in the world when measured by scheduled passengers and offers flights to roughly 350 airports around the world. The company is headquartered in Fort Worth, Texas, and its shares are listed on the NYSE.
Founding Story and Growth
American Airlines was founded in 1930 when more than eighty small regional airlines in the US came together to form a larger entity, which is also when the company adopted its current name. In 1934 and re-organized its routes into a nationwide, connected grid of flights which would lay the groundwork for the company’s domineering domestic U.S presence it maintains to this day. The company increased its focus on international flights between the 1970s and 2000s, and now offers flights to over 45 different countries around the world. One of the most notable milestones through American Airlines history is the merger with US Airways in 2013, which made the company the largest airline in the world.
Passenger Experience
The passenger experience offered by American Airlines closely mirrors what other commercial carriers offer, and meets or exceeds what air travelers expect from a modern airline. Passengers can choose from various classes of service, including Economy, Premium Economy, Business, and First Class. In-flight entertainment options such as movies, TV shows, and music are available, alongside Wi-Fi connectivity on most flights. The airline also offers a loyalty program, AAdvantage, allowing frequent flyers to earn miles redeemable for flights, upgrades, and other benefits. Additional services include online check-in, a mobile app for managing travel, and a range of inflight food and beverage options.
The OneWorld Alliance
American Airlines is a founding member of the Oneworld alliance, established in 1999. Oneworld is a global partnership of airlines, with members including Qatar Airways, Qantas, Cathay Pacific, British Airways (owned by IAG), Finnair, Alaska Airlines, and several others. Members collaborate to offer coordinated flight schedules, shared lounges, and mutual loyalty program benefits. This alliance allows passengers to earn and redeem frequent flyer miles across member airlines, take advantage of smoother connections, and access a broader range of destinations worldwide.