American Airlines (AAL.US) is a major US-based airline holding company, headquartered in Fort Worth, Texas. It is the largest airline in the world by fleet size and scheduled passengers carried. Founded on April 15, 1926, as a result of the consolidation of several small airlines, it has a rich history in the aviation industry.
The company was initially known as American Airways and commenced operations as a mail carrier. It played a significant role in the development of the modern-day air travel system. It went public on June 10, 1939, with its stock listed on the New York Stock Exchange under the ticker symbol AAL. The airline has continued to grow over the years, expanding its route network and acquiring other airlines.
Over the past five years, American Airlines' stock price has had its ups and downs. The highest stock price reached was $43.89 in September 2018, while the lowest stock price was $8.25 in May 2020. This wide range of prices shows the volatility of the market and highlights the importance of analyzing historical data.
Traders may consider several trading strategies when trading the stock, but which one to choose depends on their individual trading style and risk tolerance. For instance, day traders may look for short-term price movements, while swing traders may hold positions over several days, or even weeks. Copy trading is also an option, where traders can copy the trades of successful traders. Position trading involves holding positions for an extended period while scalping trading focuses on short-term gains from frequent trades. When analyzing the stock, traders may consider using various tools and indicators. An example is moving averages, which help traders identify trends in stocks.
As a trader considering trading American Airlines stocks, it's important to consider all the available options. While American Airlines is a major player in the industry with a solid reputation, it's not the only airline company worth trading. Its competitors include:
- Delta Airlines (DAL.US): Delta Airlines is a major American airline founded in 1924 as a crop-dusting operation. It has since grown to become one of the largest global airlines, offering domestic and international flights. Delta operates a large fleet of aircraft and provides a wide range of services, including passenger and cargo transportation.
- Spirit Airlines (SAVE.US): Spirit Airlines is a low-cost American airline founded in 1980. It is known for its ultra-low-cost business model, offering budget-friendly air travel options. Spirit focuses on short-haul flights and charges fees for additional services, allowing passengers to choose only the services they need.
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The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.