Previous Close | 0.5300 |
Open | 0.5100 |
Bid | 0.4900 |
Ask | 0.5000 |
Strike | 20.00 |
Expire Date | 2024-01-19 |
Day's Range | 0.5000 - 0.5300 |
Contract Range | N/A |
Volume | |
Open Interest | 11.49k |
The unwinding of JetBlue's alliance with American Airlines significantly increases the likelihood that JetBlue will be permitted to buy Spirit Airlines.
American Airlines (AAL) closed at $14.35 in the latest trading session, marking a -0.21% move from the prior day.
A federal judge orders American Airlines (AAL) and JetBlue (JBLU) to end their partnership. Delta (DAL) is set to have a new COO.
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".
United Airlines CEO Scott Kirby is keeping one eye on the debt ceiling drama but also on how his airline invests its capital.
The 94-page ruling methodically knocks down the argument from American and JetBlue that their alliance boosts competition to benefit flyers.
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.
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.
Expedia's CEO Peter Kern says travelers can expect prices to remain high amid a 'ton of demand' this summer.
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.
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.
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).
American Airlines Group Inc. ( NASDAQ:AAL ) shareholders should be happy to see the share price up 14% in the last...
Here is how American Airlines (AAL) and Alaska Air Group (ALK) have performed compared to their sector so far this year.
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.
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.
Owing to upbeat air-travel demand, operating revenues in first-quarter 2023 at American Airlines (AAL) increase 37% year over year.
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.
American Airlines (AAL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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, Delta Air Lines, Cleveland-Cliff, Avnet and Commercial Vehicle Group are part of the Zacks Screen of the Week article.
The Yahoo Finance Live team discusses JPMorgan upgrading American Airlines to Overweight from Neutral and downgrading Southwest stock to Neutral, indicating a preference for big-name carriers.
Snowflake (NYSE:SNOW) shares gained more than 4% today after Stifel upgraded the company to Buy from Hold and raised its price target to $185.00 from $145.00. According to the firm, the upgrade is based on recent comments from Microsoft (NASDAQ:MSFT) and other third-party consumption models, which indicate that the optimization headwinds experienced by the group over the last 9 months are stabilizing. JPMorgan upgraded American Airlines (NASDAQ:AAL) to Overweight from Neutral and raised its price target to $29.00 from $26.00.
We believe that investors should keep a tab on broker-favorite stocks like American Airlines (AAL), Delta Air Lines (DAL), Cleveland-Cliff (CLF), Avnet (AVT) and Commercial Vehicle Group (CVGI).
FORT WORTH, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) invites its stockholders, team members and other interested parties to attend its virtual annual meeting of stockholders on Wednesday, May 10, at 9 a.m. CT. Anyone can attend the annual meeting via the internet by registering in advance or on the day of the meeting at proxydocs.com/AAL and clicking the button labeled, “Register Here.” Stockholders can submit questions on the day of the meeting in real-