New American Airlines will be listed on Nasdaq - CBS 5 - KPHO

New American Airlines will be listed on Nasdaq

Posted: Updated:

For investors who want a piece of American Airlines, it's goodbye AMR, hello AAL.

The airline to be formed by the merger of American and US Airways said Friday it will use the ticker symbol "AAL" and trade on the Nasdaq Stock Market.

American parent AMR Corp. had traded on the New York Stock Exchange under the "AMR" symbol, although the shares have traded only over the counter since shortly after the company's November 2011 bankruptcy filing.

The new company will be called American Airlines Group Inc. and based in Fort Worth, Texas.

Copyright 2013 Associated Press. All rights reserved.

Powered by WorldNow
CBS 5
Powered by WorldNow CNN
All content © 2014, CBS 5 (KPHO Broadcasting Corporation), Phoenix, AZ and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service..