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4-Traders Homepage  >  Equities  >  Nasdaq  >  American Airlines Group    AAL

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American Airlines : Education Foundation Invests in Employees' Children by Awarding More Than $800,000 in College Scholarships

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06/26/2017 | 12:31pm CEST

Release date- 23062017 - FORT WORTH, Texas - The American Airlines Education Foundation yesterday awarded $801,000 in scholarships to 300 children of employees, an increase of 5 percent compared to 2016.

Francesca, Joseph, Nicholas and Marcia Antonello

For one family winning the American Airlines Education Foundation scholarships was an 'Antonello Trifecta' recipients Francesca, Joseph and Nicholas pose with their mother Marcia Antonello, a PHL-based flight attendant.

Skylar and Jason Yoder

Three-time American Airlines Education Foundation Scholarship recipient Skylar Yoder, and her father Jason Yoder, an aviation maintenance technician based in Tech Ops-Tulsa. Skylar will be a junior at Cornell University.

Each recipient will receive a $2,500 scholarship and 51 first generation college students will each receive an additional one-time award of $1,000. Scholarship recipients were honored at a reception at the Music Hall at Fair Park.

'The American Airlines scholarships have really helped to ease my burden of putting three children through college simultaneously,' said Marcia Antonello, a PHL-based flight attendant. 'I am extremely proud of each of them and I know they are proud of each other. One of the beauties of their unique relationship is that they really celebrate each other's accomplishments. They are truly one another's greatest champions and this 'Antonello Trifecta' will become another fond memory for us to share.'

'We are thrilled the foundation is in a position to support 300 students as they pursue their higher education goals,' said Ron DeFeo, president of the American Airlines Education Foundation Board and vice president - Global Communications for American. 'This year's scholarship recipients are an impressive group and include US Presidential Scholars, student athletes, licensed pilots and first generation college students. The award ceremony is one of the best nights of the year at American and it's a joy to see the accomplishments and passions of these students and the pride of their parents as the students accept their awards.'

The Education Foundation received more than 1,600 applications as a part of the competitive process. Managed by third-party scholarship experts, scholarships are awarded based on financial need, academic achievement, extracurricular involvement and commitment to community service and volunteerism.

'As a three-time recipient of the American Airlines Education Foundation Scholarship Award, I am extremely grateful for the foundation's continued generosity,' commented Skylar Yoder, daughter of Jason Yoder, an aviation maintenance technician based in Tech Ops-Tulsa. 'I will use the money from this scholarship to help pay for tuition during my upcoming junior year at Cornell University. Without this kind of support, it would be much more difficult for me, as a first generation college student, to accomplish my educational goals.'

American Airlines Education Foundation will continue to support educational initiatives by funding college scholarships for dependents of airline employees. High school seniors and college undergraduate students are eligible to apply for the scholarships and they can receive the award for up to four years.

For more information about the ways American Airlines is giving back to the community, please visit AA.com/letgoodtakeflight.

About American Airlines Group

American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American is a founding member of the oneworld alliance, whose members serve more than 1,000 destinations with about 14,250 daily flights to over 150 countries. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its stock joined the S&P 500 index. Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

Corporate Communications

817-967-1577

[email protected]

American Airlines Group, Inc.

(c) 2017 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2017 41 875 M
EBIT 2017 4 786 M
Net income 2017 2 319 M
Debt 2017 22 587 M
Yield 2017 0,85%
P/E ratio 2017 10,37
P/E ratio 2018 8,72
EV / Sales 2017 1,11x
EV / Sales 2018 1,04x
Capitalization 24 028 M
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Mean consensus HOLD
Number of Analysts 17
Average target price 54,9 $
Spread / Average Target 12%
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NameTitle
William Douglas Parker Chairman & Chief Executive Officer
Robert D. Isom President
Derek J. Kerr Chief Financial Officer & Executive Vice President
Maya Leibman Chief Information Officer & Executive VP
Craig Barton Vice President-Technical Services
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