Tag: American Airlines

American Airlines (AAL) stock rose 5.6% last week. There was continued momentum in American Airlines shares.

Boeing (BA) 737 MAX jets have been grounded since mid-March. There's still uncertainty about when the aircraft will return to service.

US airline stocks fell drastically on August 23. The industry seems to be bearing the brunt of the escalating trade war and sluggish economic growth concerns.

American Airlines (AAL) stock is going through turbulent times. AAL has lost 17.4% of its market value YTD, underperforming the broader market.

The year so far hasn’t gone well for airline stocks, as the majority have underperformed the broader markets. The US Global Jets ETF (JETS) is up just 1.2% year-to-date.

Boeing plans to hire hundreds of temporary staff to help get the grounded 737 MAX planes ready for delivery. The company is waiting for regulatory safety approval.

The worldwide flying ban on Boeing’s 737 MAX planes has entered its sixth month, hurting every airline that either owns or has ordered the model.

Southwest Airlines, American Airlines, and United Airlines own 72 Boeing (BA) 737 MAX planes. The airlines have already lost billions of dollars in foregone revenues.

American Airlines (AAL) reported better-than-expected bottom-line results for the second quarter.