Swot Analysis Of American Airlines

1025 Words3 Pages

Industry: Major Airlines

American Airlines Group Inc.
Symbol: NasdaqGS: AAL
History
American Airlines is a combination of about 82 small airlines through a series of consolidation and reform evolved: Initially, many aircraft are free to use "American Airways" as the name of co-branding. In 1934, American Airlines a financial crisis, under the leadership of E.L. Cord, the company changed its name to "American Airlines". Early days, the company's headquarters is located in Chicago, Illinois Midway Airport.
February 14, 2013, former American Airlines parent company AMR and US Airways Group merger was announced, AMR’s creditors will hold 72% stake in the new company, US Airways shareholders will hold the remaining 28% stake. The two companies immediately completed the merger on December 9 in 2013.

Management
Doug Parker, the chairman and chief …show more content…

By contrast, Southwest Airlines is 33 consecutive years to maintain profitability. Southwest Airlines is an only airline company which has longest consecutive profitable since 1973.

Management
Gary C. Kelly is the chairman and executive officer of Southwest Airlines. He joined the company in 1986 as controller. In 1989, Kelly was promoted to Chief Financial Officer and VP of Finance. In 2001, he became the Executive VP. Kelly spent 3 years on this position until he was promoted to CEO and vice chairman in 2004. He received a BBA in accounting from The University of Texas at Austin and a is a Certified Public Accountant.
Kelly became the Chairman of Board of Directors of Southwest Airlines in 2008 and replacing co-founder Herb Kelleher. And Gary C. Kelly was named one of the best CEOs in America for 2008, 2009 and 2010 by Investor magazine and serves on the President’s Council of Jobs and Competitiveness.

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