American Airlines Group Inc. (American Airlines and US Airways) (NASD: AAL) (Dallas/Fort Worth) will replace Allergan Inc. (NYSE: AGN) in the S&P 500 after the close of trading on Friday, March 20. S&P 500 constituent Actavis plc (NYSE: ACT) is acquiring Allergan in a transaction expected to be completed today.
American Airlines Group is the holding company for American Airlines and US Airways. Headquartered in Fort Worth, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Airlines Sub-Industry index.
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world’s largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets.
Copyright Photo: Brian Peters/AirlinersGallery.com. As we previously reported, the brand new Boeing 787-8 has been undergoing crew testing. The 787 initially will be deployed between Dallas/Fort Worth International Airport (DFW) and Chicago O’Hare International Airport (ORD) beginning on May 7, before launching internationally between DFW and Beijing Capital International Airport (PEK) beginning on June 2. N800AN (msn 40618) taxies at Dallas-Fort Worth International Airport (DFW).