American Airlines, founded in 1930 and headquartered in Fort Worth, Texas, is a major player in the global airline industry, providing passenger and cargo transportation services. As one of the largest airlines in the world, American Airlines operates a vast network of domestic and international flights, offering a range of travel-related services, including loyalty programs and in-flight amenities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AAL 3.35% 2031-04-15 USDAmerican Airlines | United States | 2031-04-15 | 3.350 | 4.72 |
| AAL 3.60% 2031-04-15 USDAmerican Airlines | United States | 2031-04-15 | 3.600 | 5.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
American Airlines started issuing bonds in the late 1980s to finance expansion and modernize its fleet. A notable issuance occurred in 2013, with a $1 billion bond offering aimed at refinancing existing debt and improving liquidity. As of 2023, the company's bonds exhibit yields that are competitive within the airline sector, although they face pressure from fluctuating fuel prices and economic uncertainty. Recent news highlights American's strategy of enhancing credit ratings through responsible bond offerings, ensuring strategic financial flexibility amidst industry challenges.