On Dec. 9, 2013, AMR Corporation and US Airways Group Inc. announced the completion of the companies’ merger to officially form American Airlines Group Inc. (NASDAQ: AAL), formally AMR Corporation (OCTBB: AAMRQ).
American Airlines Group is the holding company for American Airlines and US Airways. Together with American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 flights per day to more than 330 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.
American Airlines Group Reports Record Fourth Quarter And Full Year 2014 Profit - 27 JAN 2015
- Reported record fourth quarter 2014 net profit excluding net special charges of $1.1 billion, up 153 percent versus the fourth quarter 2013. For the year, the Company's 2014 net profit excluding net special charges was a record $4.2 billion, up 115 percent versus 2013
Completed the Company's previously announced $1 billion share repurchase program more than one year before its expiration. Announced authorization of an additional $2 billion share repurchase program to be completed by the end of 2016
Declared a dividend of $0.10 per share to be paid on February 23, 2015, to shareholders of record as of February 9, 2015