American Airlines Group Community

There's a single reason why American is the least attractive of US legacy carriers (in terms of investing, anyway): its balance sheet. If most airlines and certainly those in the US are loaded up to the hilt with debt, American goes so far as to boast negative equity - any startup would go belly-up with a balance sheet such as this one.

Key Takeaways Long-term agreements and strategic debt reduction improve financial stability, potentially stabilizing net margins through reduced interest expenses. New partnerships and customer experience investments aim to drive incremental revenue, enhancing earnings and loyalty-related revenues.