American Airlines

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American Airlines
Founded 1930 (as American Airways)
Commenced operations 1934
Focus cities
Frequent-flyer program AAdvantage
Airport lounge Admirals Club
Alliance Oneworld
Fleet size 938 [1]
Destinations 344
Company slogan Going for great
Parent company American Airlines Group
Headquarters Fort Worth, Texas, USA
Key people Tom Horton, CEO
Revenue Increase US$ 22.17 billion (2010)[2]
Operating income Increase US$ 308 million (2010)[2]
Net income Increase US$ −471 million (2010)[2]
Total assets Decrease US$ 25.09 billion (2010)[2]
Total equity Decrease US$ −3.95 billion (2010)[2]

American Airlines, Inc. (AA) is the largest airline of the United States. [3] It is based in Fort Worth [4] It was founded in 1930 with the name American Airways. 82 small airlines were combined in 1930 to form American. [5] In 1934, the name was officially changed to American Airlines. American was the first airline to have computerized reservations, a frequent-flyer program and an airline lounge. [6] [7] In 1999, American helped start Oneworld. [8] In 2001, American bought TWA. In 2011, American filed for bankruptcy. American was combined with US Airways in 2013. [9] In 2016, American will introduce a new no-frills fare. This is to compete with many low-cost carriers. [10]

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