GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
In a report released yesterday, Ravi Shanker from Morgan Stanley maintained a Buy rating on American Airlines (AAL – Research Report), with a
American Airlines also highlighted how, helped by record free cash flow of $2.2 billion, it had made big progress in meeting its debt reduction targets from its 2021 peak. According to American Airlines’ 2024 financial report, lowering debt levels will remain a priority for American Airlines’ management during this fiscal year.
American Airlines got its corporate travel strategy badly wrong after the pandemic—and it’s still paying the price. As business travel recovered, the carrier tried to push customers toward booking on its website and app in a bid to reduce travel agency commissions and the millions of dollar spent offering companies perks to discount for being their carrier of choice The airline began removing some fares from its corporate booking channels to encourage customers to book directly with American,
Citi analyst Stephen Trent has maintained their bullish stance on AAL stock, giving a Buy rating today.Invest with Confidence: Follow
Today’s podcast discusses OpenAI’s new travel tool, Tripadvisor bidding battles, and American Airlines’ earnings.
Travelers have a lot to look forward to from American Airlines in 2025: New business-class suites, premium lounges and satellite Wi-Fi are coming, as well as a full recovery of its Chicago and Philadelphia hubs.
American Airlines Group Inc. (NASDAQ:AAL), one of the largest airlines in the United States with a market capitalization of $11.17 billion, has been navigating a complex landscape of challenges and opportunities as it strives to maintain its position in a highly competitive industry.
American reported an 8% increase in business travel revenue and negotiated new deals with several travel agencies.
American said it was anticipating higher costs driven by lower capacity and expensive labor contracts to dampen its first-quarter outlook.
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.