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American Airlines Group
Page 2 of American Airlines Group news, latest stories & analysis
Is American Airlines a buy or sell in January?
American Airlines Group (NASDAQ: AAL) shares have weakened from $30 below $8.5 since February 2020, and the current price stands around $15.7. American Airlines Group shares could weaken even more in the upcoming weeks, and probably it is not the right moment for buying this stock.Fundamental analysis: American Airlines Group…
January 16, 2021
American Airlines to raise £2.83 billion in new financing to boost liquidity amidst COVID-19
As the Coronavirus cases continue to rise across the globe, several airlines are preparing for a prolonged impact of the health crisis on demand for air travel. Amidst the novel financial struggles, American Airlines Group (NASDAQ: AAL) revealed plans of securing new financing worth £2.83 billion to boost liquidity on…
June 22, 2020
Airline industry takes offense with Boeing CEO’s doom and gloom comments
It goes without saying the airline and tourism industry is among the hardest hit from the global COVID-19 pandemic. But talking about it publicly and speculating the demise of at least one major airliner is now a faux-pas, The Wall Street Journal reported. ‘Most likely’ a major carrier will fold…
May 15, 2020
American Airlines CEO Parker: ‘I don’t know’ when the industry will recover
The global coronavirus pandemic has grounded airlines to the point where industry titan American Airlines Group Inc (NYSE: AAL) has seen its revenue plummet by 90%. Yet despite a lifeline from the U.S. Treasury Department, American Airlines CEO Doug Parker acknowledged he has no idea when the industry can recover.Anyone’s…
April 16, 2020
American Airlines Group loses 7.9% on Friday to hit a record low in over 5 years
The Coronavirus restrictions have brought the global travel and tourism industry to a near halt. Naturally, the impact on worldwide airlines is the strongest. In recent news, American Airlines Group (NASDAQ:AAL) announced on Friday that its international capacity will be slashed by 60% in the summer that is known to…
April 4, 2020
Are the “Big Four” Carriers Too Big to Fail?
Larry Kudlow, White House Economic Advisor, shocked the public yesterday when he said that the planned bailout package is worth more than $2 trillion, which is the double the amount previously reported. While that is obviously a mouth-watering figure, the worrying part is that even that much may not be…
March 22, 2020
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