ubs downgrades outlook for american airlines group amid fleet expansion

American Airlines Group Inc. is no longer viewed positively by UBS, which has changed its outlook on the airline.

The company's revenue is mainly derived from passenger transport, accounting for 91.9% of its sales. Freight transport contributes a small portion of 1.5%, while other activities make up 6.6% of the total revenue.

American Airlines Group is expected to have a fleet of 965 aircraft by the end of 2023, highlighting its significant presence in the aviation industry. UBS's revised assessment will closely monitor the company's performance and strategic direction.

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