American Airlines Boeing 787-8 Dreamliner aircraft with registration N818AL landing at Athens ... [+] International Airport AIA LGAV / ATH in Greece during a sunny summer day. American Airlines AA AAL has headquarters in Fort Worth, Dallas, Texas, USA and connects seasonal mostly for summer holidays the Greek capital Athens to Chicago - O'Hare airport and Philadelphia. As we point out in our dashboard Why American Airlines’ Stock moved 80%, the company’s stock has declined steadily since the beginning of 2018 primarily due to its shrinking operating margin despite a moderate growth in revenues. Taken together, all these factors have resulted in American Airlines’ P/E ratio shrinking from 20 at the end of 2017 to around 2.5 now. Notably, American Airlines is targeting a $12-billion reduction in operating and capital expenditure for the full year in a bid to make its cash last.

Source: Forbes May 06, 2020 16:52 UTC