Why It Is A Good Time To Buy Shares Of American Airlines
Craig Adeyanju | Apr 10, 2015 08:46AM ET
American Airlines Group (NASDAQ:AAL)) recently completed another major step towards completing its 2013 merger with US Airways. The Federal Aviation Administration has casino without the betting. In fact, travelers can see what’s available for each month on its entertainment website. All of this would only help bring out the full benefit of the merger.
Another added value that should help the company on the long-term is that also helps secure its customers by partnering with Allianz (XETRA:ALVG) Global Assistance to offer tailor-made competitive insurance packages for its traveler, which includes but not limited to auto insurance.
By way of bringing it together, the latest single operating certificate development, should remind investors of the benefits that the merger of two of the largest airlines offers. And with a forward PE of 5.52, compared to Southwest’s 11.60, American looks cheap at current levels and now may be a good time to buy shares of American Airlines.
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