CHICAGO, ILLINOIS - JANUARY 24: American Airlines workers picket at O'Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images)Airline pilots won pay raises worth billions of dollars in new labor deals last year. Flight attendants are now pushing for similar improvements. ...

After a slow start to 2024, the S&P 500 is hitting new record highs, outplaying woes, including the delayed prospect of rate cuts, geopolitical tension and overbought market conditions. The benchmark crossed the major milestone of 5,000 for the first time ever in the latest trading session and is likely to move higher given the favorable market trends. The S&P 500 took almost three years to add 1,000 points after hitting 4,000 level on Apr 1, 2021.A solid earnings season, easing inflation data and a resilie ...

The stronger-than-expected recovery of air travel demand following the end of the pandemic has been driving the Zacks Transportation - Airline industry. While air travel demand is particularly strong on the leisure front, it is heartening to note that business demand has made an encouraging comeback. The decline in fuel expenses represents another tailwind for the industry. Driven by the abovementioned positives, investors interested in the industry would do well to keep stocks like Delta Air Lines (DAL) , ...

Investing in the airline industry generally means buying a piece of stable companies with generous support from the government. That being said, airlines have plenty of chances to make mistakes like any other type of business. While most companies learn from their mistakes and improve long-term, airlines constantly teeter on the edge of collapse. This has led to this list of doomed airline stocks to sell.Due to the high-risk nature of managing air travel, one crash or televised mistake can decimate stock va ...

In its January FOMC meeting, the Federal Reserve kept rates unchanged but what disappointed investors was Fed Chair Jerome Powell's indications that rate cuts are unlikely in the near future, particularly in March. The Fed is looking for more data pertaining to declining inflation before considering rate cuts.Powell’s statement triggered a massive sell-off, with Wall Street falling sharply on Jan 31.  In fact, U.S. equity markets have witnessed a roller-coaster ride since then, with volatility looming large ...

For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is American Airlines (AAL) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.American Airlines is a member of our Transportation group, which includes 133 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best t ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

Though the macroeconomic environment is gradually becoming clearer, the path to rate cuts is still uncertain. While market participants are expecting the first rate cut in March, the central bank officials are pushing back on such anticipations.Hence, in such a situation, it is difficult for individual investors to pick stocks independently and generate robust returns. For this, one has to understand the fundamentals of a company and try to place them against the present economic background to figure out ho ...

FORT WORTH, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) Chief Executive Officer Robert Isom and senior leadership will present at the company's 2024 Investor Day on Monday, March 4, from noon CT until approximately 3 p.m. CT. A live webcast of the presentation 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 s ...

FORT WORTH, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) Chief Executive Officer Robert Isom and senior leadership will present at the company’s 2024 Investor Day on Monday, March 4, from noon CT until approximately 3 p.m. CT. A live webcast of the presentation 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 ...