American Airlines was founded in 1930 as American Airways and began operations in 1934. It is headquartered in Fort Worth, Texas and has hubs at major airports in New York, Los Angeles, Miami, and Chicago. American Airlines operates Boeing and Airbus planes on domestic and international routes and has a fleet of over 600 planes with an average age of 13 years. It generates over $10 billion in annual revenue and $1.9 billion in net profit, flying passengers in suites, first class, business class, and economy seating configurations.