How American Airlines Stock Reacted to Its Guidance Update


Nov. 20 2020, Updated 4:19 p.m. ET

Stock gains

American Airlines (AAL) stock rose almost 0.94% on September 12, the day of its traffic release. This increase may have resulted from AAL maintaining its previous 3Q17 guidance. However, its peers Delta Air Lines (DAL) and United Continental (UAL) reduced their previous guidance.

American Airlines’ peers also saw their stocks rise, as shown below:

  • Alaska Air (ALK) rose 0.94%
  • Delta Air Lines (DAL): rose 0.49%
  • JetBlue Airways (JBLU): rose 2.1%
  • Southwest Airlines (LUV): rose 0.67%
  • Spirit Airlines (SAVE): rose 0.75%
  • United Continental (UAL): rose 1.3%
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Year-to-date performance

In 2017, airline stocks have seen a solid upward trend from January to June. However, concerns over rising competition led to price wars among airlines, which led to declining unit revenues. As a result, all major airline stocks are now in the red zone. 

Year-to-date through September 12, the stock performance of American Airlines and its peers follow:

  • American Airlines (AAL): fell 0.54%,
  • Delta Air Lines (DAL): fell 0.75%
  • JetBlue Airways (JBLU): fell 11.8%
  • Alaska Air Group (ALK): fell 14.3%
  • United Continental (UAL): fell 16.1%
  • Spirit Airlines (SAVE): fell 39.7%

The exception to this downward trend is Southwest Airlines (LUV), which has risen 8.3% year-to-date through September 12.

The SPDR S&P 500 ETF Trust (SPY) has gained 11.8% year-to-date through September 12, 2017. The Dow Jones US Airlines Index (DJUSAR) lost 3.9% in the same period.


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