Quantcast

American Airlines removed from S&P 500 due to market valuation

GLOBAL INDUSTRY NEWS
Qantas launches mammoth Asia flight sale including Bali and Japan
New Update from Air Canada, WestJet, American Airlines, Delta, United, Southwest, Alaska, JetBlue Airways, and Sunwing: Airline Capacity Between Canada and US Slashed as Bookings Plummet Seventy Per Cent
Delta Cuts Two Domestic Routes
United Airlines Technicians Reject ‘Dead on Arrival’ Contract Proposal, Teamsters Say
The State of the Asia Pacific Airline Industry
Spirit Airlines to add Detroit nonstop flight out of Bradley International Airport
Major airline to launch new direct flights from Scotland to North America
Ryanair launches new ‘prime’ membership which saves passengers more than £400 a year
Judge Orders Boeing to Trial on 737 MAX Case
Qantas’ free international Wi-Fi to switch on from next week
The real reason Southwest is charging for bags now
Air France-KLM in ongoing talks with Air Europa on potential stake, CEO says
Frontier Savagely Shades Southwest After They Eliminated Longstanding Free Bag Policy, Sparking Backlash
Frontier Wants You to 'Divorce Your Old Airline' After Southwest Changes
Delta named one of Fast Company's Most Innovative Companies for sustainability initiatives
Passengers escape fiery American Airlines jet in Denver
Delta, American Dive On Slashed Outlooks; But Two Airlines Rally
Competitors are circling Southwest after the airline announced it's going to start charging for checked bags
Exclusive: Dominican Low-Cost Carrier Arajet Wants to Disrupt NYC Market
Boeing deliveries rise 63% in February from a year earlier
Transportation Secretary Duffy Lays Out 10 Ways the FAA Is Working to Upgrade Air Traffic Control and Make Flying Safer
EasyJet pilot Paul Elsworth suspended after flying too close to mountain
Delta Air Lines bets on ‘blended-wing’ flight to reduce emissions
Europe's airlines pivot to bite size M&A deals to limit cost, regulatory burden
Dave Emerson named new CEO of Virgin Australia, replacing Jayne Hrdlicka
Ryanair DELAYS controversial new boarding pass rule to avoid summer chaos
FAA Orders Inspection, Replacement of 737NG Engine Parts
Spirit Adds New Airport, Three Routes
Delta crash passengers should take the $30,000 payment, their lawyers say. Here’s why.
Budget airline launches new cheap flights to one of the UK’s top winter sun destinations
Global Industry News
American Airlines removed from S&P 500 due to market valuation
Research
Webp p18pueyozwbyaegyt1fzg7i1qaau
View from the Wing | View from the Wing

American Airlines will be removed from the S&P 500 index before market open on Monday, September 23rd. The airline will be reassigned to the S&P MidCap 400.

This change reflects the market's valuation of the company rather than an assessment by S&P. American Airlines currently has a market capitalization of approximately $7 billion.

In comparison, United Airlines, which faced similar bankruptcy risks during the pandemic and has made significant new aircraft commitments, holds a market cap of $15 billion. Delta Air Lines stands at $27 billion, while Alaska Airlines is valued at nearly $5 billion.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
Subscribe
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The previous CEO had publicly predicted that shares would reach $60; however, shares now hover around $10, close to their lows from the start of the pandemic. This is despite receiving substantial government subsidies and a recovery in travel demand.

American Airlines attributes its underperformance to its decision to move away from managed travel and penalize travel agencies, estimating this strategy costs them about $1.5 billion in annual revenue. However, with nearly $53 billion in revenue last year, this explanation does not fully account for their challenges in absolute or relative terms. The architect of this strategy was dismissed but appears to have been used as a scapegoat.

Critics argue that American Airlines suffers from a lack of leadership and insufficient focus on product improvement. The company's board has tolerated these issues without implementing significant changes.

Organizations Included in this History
View from the Wing
More News

Oman Air to increase flights to Heathrow, plans double daily service next summer

London Heathrow, recognized as Europe's busiest airport, will soon experience an increase in its flight offerings by Oman Air.

Sep 2, 2025

Minneapolis-St. Paul airport schedules runway improvements for 2025

Minneapolis–St. Paul International Airport will commence safety and airfield improvement projects on Runway 12R-30L in two distinct phases throughout 2025.

Aug 22, 2025

Delta to expand Atlanta-Anchorage flights to year-round service

Delta Air Lines is adjusting its service between Atlanta and Anchorage, extending flights beyond the summer travel season to a year-round offering.

May 15, 2025

Southwest Airlines faces scrutiny after 2022 holiday meltdown and policy changes

In December 2022, Southwest Airlines faced a major crisis as operational challenges led to the cancellation of 16,900 flights, affecting nearly two million passengers during a peak travel period.

Apr 19, 2025

Harrison Ford's Cessna Citation Sovereign: A Look Inside His Private Jet

Harrison Ford, an acclaimed actor known for roles such as Han Solo in "Star Wars" and Indiana Jones, is also a noted aviation enthusiast.

Apr 19, 2025

Iberia debuts first overnight flight from Europe to the US with new Dallas schedule

Iberia Airlines has confirmed a notable shift in its flight schedule connecting Madrid and Dallas/Fort Worth, introducing its first overnight service from Europe to the US.

Apr 19, 2025

Aviation Comments
Loading...

No comments available.

Trending
1

Delta Air Lines to open renovated flight museum on April 7

2

Newark Airport opens a second sensory room at Terminal A

3

Flying Food Group employee on Unite Here union: 'They're not honest people'

4

Flying Food Group earns EcoVadis badge for sustainability improvements

5

HR Manager of Flying Food Group: 'Vehemently deny' allegations of harassment, discrimination