17. American Airlines (American Airlines Group Inc (NASDAQ:AAL))
American Airlines has a long history behind it. It all started in 1930 when several small airlines used for mailing purposes united. By the end of the decade it had become the largest domestic airline, which was quite impressive. Even now, after so many years, American Airlines is the second largest airline in the world. It has an impressive fleet that counts some 953 planes, covering 344 destinations.
American Airlines Group Inc (NASDAQ:AAL) also registered a decrease in popularity among smart money investors with 77 funds among those tracked by Insider Monkey reporting long positions as of September 30, down from 85 funds three months earlier. Moreover, these funds held around 7% of American Airlines Group’ outstanding stock heading into the fourth quarter.
