The Rise and Fall of American Airlines
American Airlines stock is down over 80% since January, 2018 and is on the verge of complete collapse. This is the story of American Airlines journey to become the biggest airline company, then fall to the edge of bankruptcy.
Join me for the interesting story of The Rise and Fall of American Airlines. The rapid expansion, the business mistakes, environmental factors, and things outside of AAL's control all play an important role in their company story today.
In the summer of 2020, AAL is burins through $70 million a day in cash and there is little end in sight. Is the end for the struggling airline? This is the story of American Airline's expansion to the airline leader all the way to their acceptance of a government bailout package.
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Sources:
https://simpleflying.com/american-air... (Jay Singh)
https://www.statista.com/statistics/2... (E. Mazareanu)
https://thehustle.co/aairpass-america...
https://www.bts.gov/archive/publicati... (Ken Notis)
https://marketrealist.com/2016/06/ame...
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Disclaimer: I am not a financial advisor. These videos are created for educational and entertainment purposes only. You should do your due diligence before making investment decisions.