American Airlines Group Inc., the holding company of American Airlines, is headquartered in Fort Worth, Texas. With the largest fleet size and revenue in the world, it operates a major hub at Dallas/Fort Worth International Airport. The company was established in December 2013 following the merger of American Airlines and US Airways.
American Airlines Group was removed from the S&P 500 index in 2024 due to various factors. These factors typically influence the addition or removal of companies from the index. While the exact reasons are not publicly disclosed, they may include changes in market capitalization and sector weightings, adjustments to better represent the U.S. economy, and the company's performance relative to other index constituents.
Despite its exclusion from the S&P 500, American Airlines Group remains a significant player in the airline industry. However, this change may impact investor perception and trading volume.