American Airlines stock gains altitude on Morgan Stanley upgrade after a ‘decent' holiday season for carriers

American Airlines Group Inc. stock gained altitude on Monday after the carrier drew an upgrade from Morgan Stanley as part of the investment bank’s fourth-quarter earnings outlook for the sector.American Airlines AAL, +7.21% was up about 6% in midday trading, with the carrier also avoiding having to ground any planes since it does not have any Boeing BA, -6.68% 737 Max 9 jets in its fleet. Alaska Airlines and United Airlines grounded all of their 737 Max 9 planes on Sunday after a fuselage panel blew out mi ...