Yes, but I have also been able to book round trip tickets (or 2 1-ways) for under 20k miles on AA. Most recently, 9,500 to Jacksonville Thanksgiving weekend and 8,500 home to Milwaukee from Miami the Sunday prior to Christmas.
I have also been able to save A LOT of money booking AA tickets internationally . . . as compared to paying for them vs. mileage. To Lisbon was 19,000 miles (vs. over $600 1-way) back in October . . . and next October I'm flying home from Tokyo for "just" 37,000 (vs. $2,200 to buy the 1-way ticket).
That said, Delta and United have been impossible to find/book decent mileage tickets so I haven't flown either of them in years.