Why American Airlines Stock Is Taking Off Today
AAG(AAL) The Motley Fool·2024-01-25 18:46
American Airlines Group (AAL 10.41%) easily surpassed earnings expectations for the fourth quarter and provided upbeat guidance about 2024. Investors are jumping on board, sending shares of American up nearly 11% as of 1 p.m. ET Thursday.Packed planes and strong profits in the fourth quarterU.S. travelers have been packing airlines and airports since the end of the pandemic, and American saw no sign of a slowdown in the last three months of 2023. American earned $0.29 per share in the fourth quarter on reve ...