What Are American Airlines’ Goals For 2022?

American Airlines, the former AMR Corporation, which has been on the market since 1930, operates as an air carrier for passengers and cargo in America and Europe. At the end of 2020, the number of its aircraft was 855. 2022 has started well for AAL, as the price surged 9% to $19.65 in the first 2 weeks. In the following days, the worth declined in regular trading, closing at $7.31 on Wednesday with a trading volume of $36,133,149.

American Airlines

American Airlines, like all companies, reported results for the 4th quarter and 2021 FY. According to the account, revenue for the last 3 months plunged 17% to $9.4 billion. The loss for that period is $931 million, which is $1.44 per share. For the year, the net loss was $2 billion, which is just over $3 per share. In 12 months, the company carried about 165 million passengers, which means that it had more customers than its colleagues. Moreover, the total available liquidity for Q4 was about $16 billion. According to the CEO of American Airlines, the focus this year will be on getting the company back to profitability and achieving its strategic goals.