American Airlines Group

The product of a 2013 merger between AMR and US Airways, American Airlines Group runs one of the largest airline operations on earth by fleet and passengers carried. It flies a hub-and-spoke network anchored at Dallas-Fort Worth, Charlotte, and other US cities, and belongs to the Oneworld alliance for global reach. Like its full-service rivals, American earns a growing share of its profit not from coach fares but from its AAdvantage loyalty program, whose miles it sells in bulk to Citi and Barclays for their co-branded credit cards. The carrier also carries one of the heaviest debt loads in the industry, a legacy of the pandemic and years of aircraft spending, which leaves earnings sensitive to fuel prices, labor costs, and the swings of the economic cycle. Its headquarters sit in Fort Worth, Texas.

On MyRWA, AAL trades tokenized across 9 on-chain venues - see the listings below.