Stock Update (NASDAQ:AAL): American Airlines Group Inc Announces Air Operations Leadership Appointments

American Airlines Group Inc (NASDAQ:AAL) announced the appointment of two Air Operations officers to its leadership team.

American Airlines logo

Kimball Stone – Vice President, Flight

Kimball Stone has been named Vice President – Flight where he will lead the airline’s team of more than 15,000 professional aviators.  Stone most recently served as Vice President – Integrated Operations Control. During his 26 years at American, Stone has held numerous roles within the Flight, Maintenance and Dispatch organizations. He holds flight ratings on the F100, DC10, MD80, A300 and Boeing 727, 737, 757 and 767 aircraft types and is currently type rated on the Boeing 777.

Prior to joining American Airlines, he served in the U.S. Army with assignments to the United States Special Operations Command, United States Central Command as well as the 1st Armored Division.

Captain Stone assumes this new position from Captain John Hale, who announced earlier this spring his plans to go back to flying full time for American.

Lorne Cass – Vice President, Integrated Operations Control

Lorne Cass joins American Airlines as Vice President – Integrated Operations Control.  With more than 35 years of industry experience, Cass most recently served as the Director of Airport Surface Efficiency within the Federal Aviation Administration’s (FAA) Air Traffic Organization.

Cass has extensive experience in Airline Operations Control, Air Traffic Management, Emergency Response and Business Continuity. He began his airline career as a Customer Service Agent for Western Airlines and later worked for several years leading dispatch, meteorology, air traffic control and emergency response functions forNorthwest Airlines and Delta Air Lines. He received his pilot’s license and ratings from the University of Albuquerque and studied Airline Management at the University of Alaska. In addition to his pilot ratings, he holdsFAA certification as an Aircraft Dispatcher and Air Traffic Control Specialist.

“Kimball and Lorne bring unique perspectives, experiences and skills to these critical areas,” said Robert Isom, American’s Chief Operating Officer. “They are well respected by their colleagues and across the industry and we are fortunate to have them on our team as we continue on our integration path to become the greatest airline in the world.”

Stone and Cass will report directly to Tim Campbell, Senior Vice President – Air Operations.

American Airlines and US Airways merged in December 2013 to become the world’s largest airline. Since merging, the airline has been making steady integration progress, including inducting US Airways into theoneworld alliance, merging separate frequent flyer programs into the single AAdvantage program and receiving a single operating certificate from the FAA. (Original Source)

Shares of American Airlines opened today at $46.78 and are currently trading up at $47.29. AAL has a 1-year high of $56.20 and a 1-year low of $28.10. The stock’s 50-day moving average is $50.50 and its 200-day moving average is $48.43.

On the ratings front, American Airlines has been the subject of a number of recent research reports. In a report issued on April 27, Imperial analyst Bob McAdoo maintained a Buy rating on AAL, with a price target of $82, which represents a potential upside of 75.3% from where the stock is currently trading. Separately, on April 1, Deutsche Bank’s Michael Linenberg downgraded the stock to Hold and has a price target of $58.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Bob McAdoo and Michael Linenberg have a total average return of 26.8% and 28.6% respectively. McAdoo has a success rate of 69.6% and is ranked #24 out of 3590 analysts, while Linenberg has a success rate of 66.7% and is ranked #54.

In total, 2 research analysts have assigned a Hold rating and 2 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $46.78 which is 38.4% above where the stock opened today.

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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