Kevin Hincks joins the Futures show to discuss the Fed's inflation fight and what levels he's watching for yields. Then, on the equity front, Kevin looks at the holiday travel snafu that briefly grounded American Airlines (AAL) flights this morning.
The Federal Aviation Administration (FAA) canceled a brief nationwide ground stop requested by American Airlines (AAL) on Christmas Eve, one of the busiest travel days of the year.
CNBC's Andrew Ross Sorkin reports on the latest news.
American Airlines stock fell early Tuesday after it issued a ground stop for all flights on Christmas Eve. The post American Airlines Stock Pares Losses After Holiday Flight Disruption appeared first on Investor's Business Daily.
American Airlines grounds flights nationwide because of technical issue
The carrier said teams are working to resolve the problem in what is anticipated to be a heavy day for air travel.
American Airlines has grounded all flights in the US due to an unspecified technical issue.
‘A technical issue is affecting American flights this morning,” the airline said in a statement.
American Airlines on Tuesday grounded all its flights in the U.S. due to an unspecified technical issue, according to the company and a notice on the Federal Aviation Administration website.
American Airlines stock (NASDAQ: AAL) is up 15% in this month after the company raised its Q4 outlook. American Airlines now expects its Q4 earnings to be in the range of $0.55 and $0.75 per share, versus its prior guidance of $0.25 to $0.50.
As we head into the final few weeks of the year, it's a good time to think about the industries and stocks that are looking likely to do well in 2025. One such industry that is starting to gather momentum is the airline industry.
Investors should monitor stocks like American Airlines, Air Canada, ABM, Dollar Tree and AdvanSix for high returns.