American Airlines Group Inc. (NASDAQ:AAL) J.P. Morgan 2024 Industrials Conference Call March 12, 2024 9:15 AM ET Company Participants Robert Isom - Chief Executive Officer Devon May - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Mark Streeter - JPMorgan Jamie Baker All right, folks, moving right along. For any of you that were in the room for the United presentation, I was right, Mike Leskinen is the most recently seated CFO in the U.S. So, I stand by what I thought for a mome ...

American Airlines Group Inc. (NASDAQ:AAL) J.P. Morgan 2024 Industrials Conference Call March 12, 2024 9:15 AM ET Company Participants Robert Isom - Chief Executive Officer Devon May - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Mark Streeter - JPMorgan Jamie Baker All right, folks, moving right along. For any of you that were in the room for the United presentation, I was right, Mike Leskinen is the most recently seated CFO in the U.S. So, I stand by what I thought for a mome ...

Key TakeawaysSouthwest Airlines and American Airlines Group issued warnings about their financial results, sending shares of both sinking.Southwest said it would be hurt by the arrival of fewer-than-expected deliveries of Boeing jets.American explained that higher fuel prices will increase its current-quarter loss. Shares of Southwest Airlines (LUV) and American Airlines Group (AAL) fell Tuesday as problems with Boeing (BA) jet deliveries and higher fuel prices, respectively, are expected to affect their re ...

American Airlines (AAL) closed the most recent trading day at $14.65, moving -0.2% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.11%. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq lost 0.41%.The world's largest airline's shares have seen a decrease of 1.34% over the last month, not keeping up with the Transportation sector's gain of 1.84% and the S&P 500's gain of 2.7%.Analysts and investors alike will be keeping a close eye on the performan ...

American Airlines (AAL) benefits from an improved debt to equity ratio, strong air-travel demand and fleet-upgrade efforts. However, high costs, declining cargo revenues and low liquidity negatively impact the bottom line.Factors Favoring AALStrong air-travel rebound, especially domestically, benefits American Airlines. In 2023, revenue passenger miles grew 7.6%, prompting a 6.7% rise in average seat miles to meet heightened demand.Bolstered by increased air-travel demand, AAL is expanding routes and networ ...

Delta Air Lines (DAL) raised the price of checking luggage, becoming the latest U.S. carrier to do so. According to DAL’s management, passengers will now have to shell out a $35 fee for the first bag checked on a domestic flight, resulting in a 17% increase.The cost of checking a second bag on DAL flights has gone up from $40 to $45. However, certain privileged members will continue to enjoy free baggage checking. Delta has announced an increase in bag fees for the first time since 2018. According to the Bu ...

FORT WORTH, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ:AAL) CEO Robert Isom will present at the 2024 J.P. Morgan Industrials Conference on Tuesday, March 12, at 8:15 a.m. CT. A live webcast of the conference will be available at aa.com/investorrelations. About American Airlines GroupTo Care for People on Life's Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company's stock is included in the S&P 500. Learn more about w ...

FORT WORTH, Texas, March 05, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) CEO Robert Isom will present at the 2024 J.P. Morgan Industrials Conference on Tuesday, March 12, at 8:15 a.m. CT. A live webcast of the conference will be available at aa.com/investorrelations. About American Airlines GroupTo Care for People on Life’s Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about ...

Key TakeawaysAmerican Airlines said it is buying 260 aircraft from Boeing, Embraer, and Airbus to increase its narrow-body lineup.The carrier is purchasing 85 Boeing, 90 Embraer, and 85 Airbus jets.American is also retrofitting its Airbus A319 and A320 aircraft to take advantage of rising demand for premium seats. American Airlines (AAL) is buying 260 aircraft from Boeing, Embraer, and Airbus to increase its narrow-body lineup, with an option to add 193 more aircraft. The airline said Monday it is getting 8 ...

Shares of Boeing Co. turned higher Monday after American Airlines Group Inc. included the aerospace giant’s troubled 737 Max line in its orders for 260 new aircraft, which aims at boosting premium seating by 20%.American said its orders include 85 Boeing 737 Max 10s, 85 Airbus A321neo and 90 Embraer E175 aircraft, with options and rights to buy an additional 193 aircraft.As part of the Boeing orders, American said it “upgauged” 30 existing 737 Max 8 orders to 737 Max 10 aircraft. Boeing’s stock BA, +0.39% g ...