American Airlines Group Inc (NASDAQ:AAL), saw +0.84 rise in value from the previous closing price, gaining 1.75 percent to move to a closing price of $48.80. The stock traded with the day high of $49.49 and day low of $46.05. Its market capitalization is recorded to be 34.16B. It shows a positive one-year performance of 86.05%.
American Airlines will compensate its consumers with a bonus mile promotion in 2015, making the AAdvantage program the most munificent in the industry. The promotion will provide AAdvantage® and Dividend Miles® members more miles based on the distance flown, the fare purchased and the member's elite status level. President, AAdvantage Loyalty Program Suzanne Rubin said: "As the largest airline in the world, with a global network that spans 54 countries, our frequent flyer program must also be the best in the business. A mile flown persists to be a mile earned in AAdvantage, and now we're going to reward customers even more when they purchase a First or Business Class ticket."
Starting from Jan. 1, American will reward consumers that are candidates of either the AAdvantage or Dividend Miles programs with bonus miles for purchased First or Business Class tickets on all eligible flights marketed or worked by American or US Airways. The sponsorship applies to all travel between Jan. 1 and Dec. 31, 2015.
As formerly declared, also starting from Jan. 1, bonus miles for AAdvantage members on Business Class tickets on American and US Airways will raise from 25 to 50 percent to align with what Dividend Miles members receive recently. Over the past year, American has rolled out improved benefits to members flying on either airline, comprising:
The options to earn and redeem miles on American or US Airways, with all eligible travel on either airline counting toward elite status qualification in the program of that member's alternative. Reciprocal benefits for elite status members when flying either airline, comprising of First and Business Class enroll, flattering checked bags and priority security and boarding. More lounge access, with reciprocal club access for Admirals Club® and US Airways Club members.
American Airlines Group (AAL) is the holding company for American Airlines and US Airways. Together with wholly owned and third-
party regional carriers operating as American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 flights per day to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.
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