American Airlines: the famous airline far below 2019 prices

American Airlines Group Inc. (AAL) is a major U.S. airline formed by the merger of AMR Corporation (parent company of American Airlines, founded in 1934) and US Airways in December 2013. This merger created the largest airline in the world. However, in recent years, the company has failed to beat analysts' estimates and investors have often abandoned it. What is the company's true situation and value?

American Airlines Group operates its main airline, American Airlines, and three regional subsidiaries, Envoy Air, Piedmont Airlines and PSA Airlines. These regional subsidiaries, along with three independent regional carriers, operate under the American Eagle brand. The company's principal activity is the provision of passenger and cargo transportation services.

This would be something to introduce the company. But for now, let's focus on the data that we have only recently obtained from the company. We're talking about the latest quarterly results. Earnings per share missed estimates by…