The group operates the largest airline in the world, as measured by number of passengers carried and by scheduled passenger-kilometers flown.
70 in the Fortune 500 list of the largest United States corporations based on its 2019 revenue,[7] but, impacted by the COVID-19 pandemic, it lost $2.2 billion in the first quarter of 2020 alone and accepted government aid.
[9] US Airways told some American Airlines creditors that merging the two carriers could yield more than $1.5 billion a year in added revenue and cost savings.
The Department of Justice reached a settlement on November 12, 2013, requiring the merged airline to relinquish landing slots or gates in 7 major airports.
[27] American's bankruptcy court judge refused to enjoin the two airlines from merging, saying that the group did not demonstrate that the merger would irreparably harm them.
[30][31] In December 2013 a severance package valued at about $17 million was agreed for Tom Horton, the outgoing AMR CEO, who had led American Airlines through bankruptcy and the major merger.
[34] American Airlines Group, Inc. is publicly traded under Nasdaq: AAL, with a market capitalization of about $6.4 billion as of August 2024,[35] and was included in the S&P 500 index.