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AAL
American Airlines Group Inc.Stock · Consumer DiscretionaryRussell 1000 0.02% · US Stock Market 0.02% · Russell 3000 0.02%
$12.96+0.15%
as of market close, Sep 18, 2026
☾ AH
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American Airlines Group Inc. drawdown: 79.4% below the all-time high

American Airlines Group Inc. is 79.4% below its all-time high, set Nov 22, 2006 (as of market close, Sep 18, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−79.4%
20.6% of ATH
All-time high
$62.95
Nov 22, 2006
Time below the high
19.8 yrs
since Nov 22, 2006
Worst-ever drawdown
−97.2%
Jul 15, 2008
Longest underwater
19.8 yrs
between all-time highs
Today's level first reached
Sep 27, 2005
21.0 yrs ago
Last time this deep
never before
no prior −79.4% episode

% of all-time high since 2005#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
AAL close · log2.005.0010.0020.0050.00
2010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Nov 24, 2006Jul 15, 2008−97.2%1.6 yrsnot yet19.8 yrs+
Jul 10, 2006Aug 11, 2006−33.4%32 daysNov 15, 20064 mo
Jan 5, 2006Jan 27, 2006−27.2%22 daysMar 31, 20063 mo
May 9, 2006Jun 13, 2006−19.5%35 daysJul 3, 200655 days

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2005: how far American Airlines Group Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is American Airlines Group Inc. from its all-time high?
American Airlines Group Inc. is currently 79.4% below its all-time high, set Nov 22, 2006 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest American Airlines Group Inc. drawdown ever?
The deepest decline on record in our data (since 2005) took American Airlines Group Inc. 97.2% below its prior high, bottoming Jul 15, 2008. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from AAL; no free deep history exists for American Airlines Group Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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