AAL Jun 2023 30.000 put
| Previous Close | 15.01 |
| Open | 15.01 |
| Bid | 16.90 |
| Ask | 17.05 |
| Strike | 30.00 |
| Expire Date | 2023-06-16 |
| Day's Range | 15.01 - 15.01 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
Yahoo FinanceAmerican Airlines raises profit outlook amid strong demand, cheaper fuel
American Airlines expects a better profit than originally anticipated for the quarter given strong travel demand, and lower jet fuel costs. Oil prices have seen a steady decline amid recession concerns and speculation that OPEC+ may hold off on another production cut.
Yahoo Finance VideoAmerican Airlines raises Q2 profit guidance on summer travel demand
Shares of American Airlines trend higher after the airline raises its forecast due to strong travel demand.
- Reuters
UPDATE 2-American Airlines to appeal JetBlue alliance court ruling
American Airlines Group will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp, American CEO Robert Isom said on Wednesday. U.S. District Judge Leo Sorokin in Boston ruled on May 19 that the airlines' "Northeast Alliance" broke antitrust law and ordered the companies to dissolve the arrangement within 30 days. "We've got a legal system that allows for appeal, and we're going to do that," Isom told the Bernstein Conference.
ReutersAmerican Airlines to appeal JetBlue alliance court ruling
(Reuters) -American Airlines Group will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp, American CEO Robert Isom said on Wednesday. U.S. District Judge Leo Sorokin in Boston ruled on May 19 that the airlines' "Northeast Alliance" broke antitrust law and ordered the companies to dissolve the arrangement within 30 days. "We've got a legal system that allows for appeal, and we're going to do that," Isom told the Bernstein Conference.
ReutersAmerican Airlines raises second-quarter profit outlook on lower fuel costs
American Airlines Group Inc on Wednesday raised its forecast for second-quarter profit on lower jet fuel costs and high travel demand.
Motley FoolThis Airline Just Got Magnificent News. Investors Didn't Notice.
The unwinding of JetBlue's alliance with American Airlines significantly increases the likelihood that JetBlue will be permitted to buy Spirit Airlines.
ZacksAmerican Airlines (AAL) Stock Sinks As Market Gains: What You Should Know
American Airlines (AAL) closed at $14.35 in the latest trading session, marking a -0.21% move from the prior day.
ZacksAirline Stock Roundup: RYAAY's Q4 Loss, AAL's Labor Deal & More
A federal judge orders American Airlines (AAL) and JetBlue (JBLU) to end their partnership. Delta (DAL) is set to have a new COO.
ReutersAmerican Airlines flags no earnings impact from NEA ruling
American Airlines and JetBlue announced the creation of the Northeast Alliance (NEA) in July 2020 to coordinate flights and pool revenue while competing against Delta Air Lines and United Airlines, that dominate the New York-area and Boston markets. Last week, a federal judge ruled for both carriers to end the alliance saying the partnership "substantially diminishes competition in the domestic market for air travel".
Yahoo FinanceUnited CEO on debt ceiling, new $1 billion Denver investment
United Airlines CEO Scott Kirby is keeping one eye on the debt ceiling drama but also on how his airline invests its capital.
SkiftThe Undoing of American and JetBlue’s Northeast Alliance – in 11 Quotes
The 94-page ruling methodically knocks down the argument from American and JetBlue that their alliance boosts competition to benefit flyers.
- Reuters
UPDATE 4-American and JetBlue airlines must end alliance, US judge rules
American Airlines Group must end its alliance with JetBlue Airways Corp , a federal judge ruled on Friday, agreeing with the U.S. Justice Department that the arrangement means higher prices for consumers and ordering the companies to part ways within 30 days. The decision represented a victory for President Joe Biden's administration, which has taken a hard line on consolidation and tie-ups in the aviation industry. The Justice Department, six states including Massachusetts as well as the District of Columbia sued in 2021 to unwind the deal announced in 2020, calling the "Northeast Alliance" a "de facto merger" of the American and JetBlue Boston and New York operations that removes incentives for them to compete.
ReutersAmerican and JetBlue airlines must end alliance, US judge rules
WASHINGTON (Reuters) -American Airlines Group must end its alliance with JetBlue Airways Corp, a federal judge ruled on Friday, agreeing with the U.S. Justice Department that the arrangement means higher prices for consumers and ordering the companies to part ways within 30 days. The decision represented a victory for President Joe Biden's administration, which has taken a hard line on consolidation and tie-ups in the aviation industry. The Justice Department, six states including Massachusetts as well as the District of Columbia sued in 2021 to unwind the deal announced in 2020, calling the "Northeast Alliance" a "de facto merger" of the American and JetBlue Boston and New York operations that removes incentives for them to compete.
Yahoo FinanceTravel: ‘We’re seeing a ton of demand,' says Expedia CEO
Expedia's CEO Peter Kern says travelers can expect prices to remain high amid a 'ton of demand' this summer.
ReutersUPDATE 3-American Airlines pilots reach tentative agreement on new contract
American Airlines pilots have agreed in principle on a new contract that boosts their pay by 21% in 2023, sources told Reuters on Friday, ahead of a busy summer travel season, after years of negotiations with the largest U.S. carrier. The Allied Pilots Association (APA), which represents over 13,000 pilots at Texas-based American, said on Friday it will move forward with completing contractual language before presenting the contract to its board for an approval. However, the union did not share contract details.
ReutersAmerican Airlines pilots reach tentative agreement on new contract
CHICAGO (Reuters) -American Airlines pilots have agreed in principle on a new contract that boosts their pay by 21% in 2023, sources told Reuters on Friday, ahead of a busy summer travel season, after years of negotiations with the largest U.S. carrier. The Allied Pilots Association (APA), which represents over 13,000 pilots at Texas-based American, said on Friday it will move forward with completing contractual language before presenting the contract to its board for an approval. American did not quantify the contract value but said it provides pay and profit sharing that match the top of the industry with improved quality-of-life provisions.
ZacksAmerican Airlines (AAL) Upgraded to Buy: Here's Why
American Airlines (AAL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Simply Wall St.Positive earnings growth hasn't been enough to get American Airlines Group (NASDAQ:AAL) shareholders a favorable return over the last five years
American Airlines Group Inc. ( NASDAQ:AAL ) shareholders should be happy to see the share price up 14% in the last...
ZacksIs American Airlines (AAL) Stock Outpacing Its Transportation Peers This Year?
Here is how American Airlines (AAL) and Alaska Air Group (ALK) have performed compared to their sector so far this year.
ACCESSWIRESaluting Our Military Heroes
In April, American Airlines partnered with the USO and other organizations to take 19 military service members and their families on a trip to Walt Disney World as part of the Salute to the Troops event.
Motley Fool5 Ways to Keep Your American Airlines Miles From Expiring
If you're an American Airlines AAdvantage member, make sure you don't let your miles expire. Read on to learn what you can do.
ZacksHere's Why Investors May Bet on American Airlines (AAL) Stock
Owing to upbeat air-travel demand, operating revenues in first-quarter 2023 at American Airlines (AAL) increase 37% year over year.
ZacksCan American Airlines (AAL) Climb 26.3% to Reach the Level Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.3% in American Airlines (AAL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
ZacksEarnings Estimates Moving Higher for American Airlines (AAL): Time to Buy?
American Airlines (AAL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ZacksShould Value Investors Buy American Airlines (AAL) Stock?
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.
