How to buy American Airlines stocks (2024)?
American Airlines is the world’s largest airline. Do you have confidence in the future of aviation, and do you think that American Airlines has built a strong position in the industry? Then it may be smart to buy American Airlines stocks! In this article, we will discuss how to invest in American Airlines shares, and you can also check the current stock price.
How to buy American Airlines stocks?
It may be wise to buy shares for the long term. Before doing so, it is important to research the future prospects of a company like American Airlines. Do you think the company can continue to grow in the future? Then it may be smart to buy its stocks.
Do you want to know which broker is good for buying American Airlines stocks? Then take a look at the overview below:
Brokers | Benefits | Register |
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Is it wise to invest in American Airlines stocks?
Before investing in American Airlines shares, it is essential to closely examine the economic situation. Research how the demand for air travel develops.
Due to the COVID-19 pandemic, many companies have discovered that long-distance travel is not necessary for conducting meetings. This can lead to a permanent decline in the business traveller segment, which can harm the company’s profitability. Furthermore, American Airlines incurred significant debt in 2020 to survive, which will affect its future results and makes it less attractive to buy American Airlines stocks.
Do not forget to compare American Airlines with key competitors such as Delta Airlines and United Airlines. Investing in airlines has always been risky, but the current trend seems even more negative than usual. There is also a risk that governments will further discourage flying due to its negative impact on the environment. Buying American Airlines stocks is therefore not without risk!
What is the current stock price of American Airlines?
Do you want to know how the stock price of American Airlines develops? In the chart below, you can see directly at what price you can buy and sell American Airlines stocks:
Corporate data of American Airlines
Below you can find the most important corporate data of American Airlines.
Analysis of American Airlines stocks
Before deciding whether to buy or sell American Airlines shares, it is wise to analyze the stock thoroughly. In the overview below, you can see how American Airlines has developed over the past period.
Stock prices of American AIrlines over the last 5 days
In the table below, you can see the stock prices of American Airlines for the last 5 days:
What is the outlook for American Airlines in 2024?
Are you curious about what analysts think American Airlines will do in 2024 and the years to come? We have combined analyst forecasts using data from Alpha Vantage. Keep in mind that this figure is only a prediction about the stock performance of American Airlines and this prediction may not come true.
The risks of investing in American Airlines stocks
- Economy dependency: American Airlines’ success heavily depends on consumer spending. For example, the COVID-19 pandemic severely disrupted the travel industry and put pressure on profitability.
- Competition: airlines experience intense competition. This puts pressure on airlines to sell their tickets at lower rates which puts pressure on profitability.
- Fuel prices: American Airlines’ results are closely linked to fuel prices. When it becomes expensive to purchase fuel, the company’s profitability decreases.
- Regulation: airlines worldwide are increasingly under pressure due to increased concerns about the environment. If higher taxes are imposed in the future, the value of American Airlines stocks could decrease.
What are the competitors of American Airlines?
- Delta Airlines
- United Airlines
- Southwest Airlines
- Air France-KLM
- Lufthansa
How can you invest in American Airlines stocks?
You can invest in American Airlines stocks by opening an account with a reliable stockbroker. When buying American Airlines stocks, it is important to pay attention to the costs for the US stock market. Often, you pay higher transaction costs for investments in US stocks, as you also pay for converting your currency to US dollars.
After you open an account, you must first complete the activation steps. To complete the activation steps, upload a copy of your passport and proof of your address. After your account is fully activated, you can start investing in American Airlines stocks immediately.
Select the American Airlines stocks within the trading platform and enter the amount you want to invest. You can also choose one of the following order types:
- Market order: you buy the stocks directly at the prevailing price.
- Limit order: you buy the stocks at a predetermined price.
- Stop loss: with a stop loss, you set a price at which your position automatically closes.
- Take profit: with a take profit, you automatically close your position at a certain profit.
Don’t forget to evaluate your investment position regularly. If the investment no longer suits you, you can sell the stocks again.
About American Airlines
American Airlines is the world’s largest airline. Together with its regional partners, American Airlines operates a large international and domestic network. American Airlines operates 6,800 flights per day to 350 destinations in 50 countries. The headquarters of this airline is located in Fort Worth, Texas (USA).
The regional flights operated by American Airlines are managed by independent companies and subsidiaries under the brand name American Eagle. American Airlines and American Eagle operate from 19 hubs, with Dallas/Fort Worth (DFW) being the largest. In Tulsa, American Airlines operates its largest Maintenance and Repair Operation base.
History of American Airlines
American Airlines originated from the companies Robertson Aircraft Corporation and Colonial Air Transport. These two companies were merged in 1929 to form The Aviation Corporation. In 1930, this holding company was transformed into an operating company under the name American Airways. In 1934, the airline’s routes were reorganized into a closed system and the name of the company was changed to American Airlines.
DC aircraft
American Airlines played a direct role in the development of the DC-3. The airline asked Douglas to develop a sleeper plane with 14 to 16 sleeping accommodations, based on the DC-2.
A prototype of the DST (Douglas Sleeper Transport) made its first flight in 1935. A version with 21 seats was also introduced to the market under the name DC-3. The first DC-3 to come off the production line was delivered to American Airlines, which began passenger service in June 1936.
Merger
In 2011, there was a downturn in the airline industry. AMR Corporation, the parent company of American Airlines, filed for bankruptcy protection. American Airlines merged with US Airways in 2013. The name American Airlines was not changed because it was the most recognized brand internationally.
Do you think this merger contributed to strengthening the position of American Airlines? Then it may be wise to buy American Airlines shares.
Whether it is interesting to buy American Airlines stocks, depends strongly on your personal situation. On the one hand, American Airlines is a well-known brand with a good reputation. The airline has an extensive network and flies to more than 350 destinations in 50 countries. Additionally, the AAdvantages frequent flyer program attracts many customers, and American Airlines has been able to significantly reduce costs.
However, investing in American Airlines shares can be very risky. This is because regulation around the airline industry is increasingly strict. It is also important to keep a close eye on the competition; if consumers choose other airlines more often, the company’s position may come under pressure.
Always do your research to determine if investing in American Airlines shares is suitable for your personal situation. This allows you to make an informed decision.
Auteur
Over Alex Mostert
When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.