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American Airlines (AAL) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-21 22:56
The latest trading session saw American Airlines (AAL) ending at $14.78, denoting a +1.44% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.68%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the world's largest airline had lost 1.49% over the past month. This has lagged the Transportation sector's gain of 2.86% and the S&P 500's gain of 5.11% in that time.Investors will be eagerly watching ...
JetBlue dropping service to these cities after deals with Spirit, American blocked
New York Post· 2024-03-19 23:38
JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money.The changes will also help the airline cope with the grounding of some of its planes for inspections of their Pratt & Whitney engines, an executive told employees Tuesday.Beginning June 13, JetBlue will pull out of Kansas City, Missouri; Bogota, Colombia; Quito, Ecuador; and Lima, Peru.The changes will also help the airline cope with the grou ...
American Airlines Flight Makes Emergency Landing At LAX—Joining These Other Airline Mishaps
Forbes· 2024-03-14 12:32
An American Airlines flight was forced to make an emergency landing in Los Angeles Wednesday night after the Boeing 777 jet blew a tire during takeoff—the latest in a concerning trend of airline incidents, after another Boeing jet’s door plug blew off mid-flight in January, prompting a national ground stop and multiple investigations.An American Airlines flight landed safely in Los Angeles Wednesday night after blowing a tire during ... [+] takeoff. The Boeing 777 jet blew a tire while taking off from Dalla ...
3 Growth Stocks That Could Benefit Most From a Fed Pivot
InvestorPlace· 2024-03-13 20:06
Rapid profit, revenue or cash flow growth exceeding industry averages generally characterizes growth stocks. These growth rates attract investors seeking substantial price appreciation. Typically, these companies are innovative disruptors, offering unique products or services and often leading in technology or intellectual property. Moreover, they constantly reinvest their capital, whether they generate or borrow it, which helps them grow and expand their production and workforce.Although analysts and inves ...
Here is What to Know Beyond Why American Airlines Group Inc. (AAL) is a Trending Stock
Zacks Investment Research· 2024-03-13 14:05
American Airlines (AAL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this world's largest airline have returned -4.5% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Transportation - Airline industry, to which American Airlines belongs, has lost 1.9% over this period. Now the key question is: Where could the stock be he ...
American Airlines Stock Falls Due To Jet Fuel Prices
Forbes· 2024-03-12 20:28
ToplineAmerican Airlines stock dropped just under 5% Tuesday after the company said it would have an adjusted loss at the low end of its prior guidance for this year’s first quarter because of higher-than-expected fuel prices.American Airlines said in an SEC filing it expects its adjusted loss to be at the low end of its ... [+] previous guidance because of increased fuel prices.Copyright 2023 The Associated Press. All rights reserved. Key FactsAmerican Airlines said in an SEC filing that it now expects to ...
American Airlines Group Inc. (AAL) J.P. Morgan 2024 Industrials Conference (Transcript)
2024-03-12 17:40
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. (AAL) J.P. Morgan 2024 Industrials Conference (Transcript)
Seeking Alpha· 2024-03-12 17:40
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 ...
Southwest and American Airlines Give Guidance Warnings, Shares Plummet
Investopedia· 2024-03-12 16:46
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) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-03-11 22:56
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 ...