David Seymour Sells Shares of American Airlines Group Inc. $AAL
Key Points
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David Seymour, EVP Chief Operating Officer at American Airlines Group Inc. ($AAL), sold 56,456 shares at an average price of $18, for a total transaction of $1.02 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
American Airlines Group Inc. Stock Up 29.9%
Shares of American Airlines Group Inc. ($AAL) traded around $17.72 on Saturday, up 29.9% for the day.
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About American Airlines Group Inc.
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. It also operates a mainline fleet of 1,013 aircraft. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1926 and is headquartered in Fort Worth, Texas.
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