American Airlines quietly ended the ability for customers traveling on basic economy tickets to earn miles and status. Basic economy tickets are airlines' most restrictive and already do not allow for changes or seat selection.
American Airlines' first Airbus A321XLR, the company's longest-range single-aisle plane, is set to take off Thursday from New York for Los Angeles. The extra-long-range narrow-body jet "opens up the menu for all these destinations that are just too small for a widebody," American's head of network, Brian Znotins, told CNBC.
American Airlines is betting big on luxury to regain altitude. From lie-flat seats and Bollinger champagne to Lavazza coffee and ultra-fast Wi-Fi, the carrier is rolling out a premium makeover to claw back ground lost to Delta Air Lines and United Airlines.
American Airlines Group Inc. (AAL) is rated 'Buy' due to proactive debt reduction and margin-accretive strategies supporting free cash flow and multiple expansion. Fleet premiumization targets resilient premium travelers, reducing revenue volatility and supporting higher operating margins despite industry price wars. AAL trades at an 8.38x EV/EBITDA, a ~29% discount to the peer average, with po...
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