Company Update (NASDAQ:AAL): American Airlines Group Inc Reports Record November Traffic Results

American Airlines Group Inc (NASDAQ:AAL) reported November 2015 and year-to-date traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were 16.9 billion, up 4.3 percent versusNovember 2014 and were a record for the month. Total capacity was 20.8 billion available seat miles (ASMs), down 0.2 percent versus November 2014. Total passenger load factor was 81.2 percent, up 3.5 percentage points versus November 2014.

The Company continues to expect its fourth quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 5 to 7 percent year-over-year. In addition, the Company continues to expect its fourth quarter pretax margin excluding special items to be between 12 and 14 percent.

The following summarizes American Airlines Group traffic results for the month and year-to-date endedNovember 30, 2015 and 2014, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements. (Original Source)

Shares of American Airlines Group closed yesterday at $44.55, down $1.23 or -2.69%. AAL has a 1-year high of $56.20 and a 1-year low of $34.10. The stock’s 50-day moving average is $44.17 and its 200-day moving average is $41.87.

On the ratings front, American Airlines has been the subject of a number of recent research reports. In a report issued on November 19, Cowen analyst Helane Becker maintained a Hold rating on AAL. Separately, on October 13, Evercore ISI’s Duane Pfennigwerth downgraded the stock to Hold and has a price target of $50.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Helane Becker and Duane Pfennigwerth have a total average return of 28.9% and 1.4% respectively. Becker has a success rate of 79.7% and is ranked #5 out of 3640 analysts, while Pfennigwerth has a success rate of 54.5% and is ranked #1965.

The street is mostly Neutral on AAL stock. Out of 5 analysts who cover the stock, 3 suggest a Hold rating and 2 recommend to Buy the stock. The 12-month average price target assigned to the stock is $50.67, which implies an upside of 13.7% from current levels.

American Airlines Group Inc, through its subsidiaries, operates in the airline industry. The Company has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C.


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