PSA Airlines flight 5342 collided midair with a helicopter near Reagan National Airport and crashed. PSA Airlines is a subsidiary of American Airlines.
The Federal Aviation Administration is investigating a midair collision of an American Airlines regional jet with a helicopter near Ronald Reagan Washington National Airport.
According to LCH Investments, over 200 hedge funds are Tiger Cubs, funds started by former employees of Tiger Management, the iconic hedge fund founded by Julian Robertson in 1980.
American Airlines Group Inc. NASDAQ: AAL is the largest commercial airline carrier in the United States. With the largest fleet, most passengers, and over 5,400 daily flights, the company is a key bellwether in the transportation sector for the commercial airline industry.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
American Airlines Group Inc AAL reported its fourth-quarter FY24 earnings along with a weak guidance. The following are the comments of the analysts regarding the same.
While the carrier has struggled, Wall Street sees an opportunity.
American Airlines' fourth quarter earnings report drew a mixed reaction. Investors sold off, analysts questioned the selloff and pilots expressed frustration that the carrier's profit-sharing level badly trails peers.
American Airlines reported strong Q4 earnings, driven by lower fuel costs, but saw an 8.7% stock drop due to a soft 2025 EPS outlook. Despite the drop, AAL stock has gained 14.4% since hitting my $17.85 price target, and I now see a potential $22.87 target. The company plans to reduce debt by $4 billion by FY2027, focusing less on shareholder returns compared to peers like United and Delta.
Strong demand and limited capacity growth are set to push airfares higher. Aircraft delays have added to growth limitations.
American Airlines' cargo revenues increase 10.5% year over year in the fourth quarter of 2024.
American Airlines Group (AAL -7.80%) beat quarterly expectations, but its outlook for what's to come wasn't as rosy as some had hoped for. Investors are heading for the exits after the results, sending American shares down as much as 10% for the day and down 8% as of 12:30 p.m.