Most accounts from American Airlines income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Airlines Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check also American Airlines Valuation and American Airlines Correlation analysis.
Correlation analysis and pair trading evaluation for American Airlines and Hawaiian Holdings. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return