American Airlines Group Inc.
American Airlines Group Inc. is the holding company of American Airlines and was established in Dec-2013, following the merger of AMR Corporation (American Airlines) and US Airways Group Inc. (US Airways). AMR owns 72% of the parent company, while US Airways shareholders own the remaining 28%. The company is listed on the NASDAQ Global Select Market (NASDAQ: AAL).
Airlines under the American Airlines Group operate an average of nearly 6,700 services per day to 350 destinations in 50 countries from hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington DC. Wholly-owned subsidiaries under the American Airlines Group include the following:
- American Airlines;
- Envoy Air Inc;
- Piedmont Airlines Inc;
- PSA Airlines Inc.
American Airlines Group also holds a 10% stake in Mesa Air Group (carried over from the stake held by the former US Airways Group), operating under the American Eagle brand, as well as a 2.68% stake in China Southern Airlines (effective following completion of prerequisite contractual requirement).
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