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American Airlines Group Inc. (AAL), headquartered in Fort Worth, Texas, provides scheduled air transportation for passengers and cargo across the U.S. and internationally. With a market cap of $6.98 billion, it is one of the four major carriers that dominate the U.S. aviation market, offering extensive flight networks and services to destinations worldwide.
Shares of AAL have underperformed the broader market considerably over the past year. AAL has declined 34.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.6%. In 2024 alone, the stock has lost 22.9%, compared to SPX's 16.7% gains on a YTD basis.