American Airlines has grounded all flights in the US due to an unspecified technical issue.The Federal Aviation Agency said: "American Airlines is reporting a technical issue and has requested a nationwide ground stop." The airline has not said why it was stopping all flights but Christmas Eve travellers face the possibility of significant disruption."An estimated timeframe has not been provided, but they're trying to fix it in the shortest possible time," the airline said on social media.In a preliminary s ...

SAN DIEGO, CALIFORNIA - NOVEMBER 18: An American Airlines Airbus A321-231 taxis on the runway before ... [+] departing from San Diego International Airport on November 18, 2024 in San Diego, California. (Photo by Kevin Carter/Getty Images)Getty Images 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. The company will ...

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.  After a somewhat volatile first half of the year, airline stocks in general, as seen in the US Global Jets ETF NYSEARCA: JETS, are on track to finish the year on the front foot. The ETF is up more than 50% since August, and while it’s not quite at 2021’s level yet, it’s almost wit ...

Inflation in November rose the most in seven months. However, investors believe that inflation is still not that high to prevent the Fed from cutting interest rates. The reason for this optimism is that despite the rise, the consumer price index or CPI and the core CPI, which excludes volatile food and energy prices, were in line with expectations. The in-line readings leave the door open for the Fed to cut rates further at its upcoming December meeting.Investors would like to take advantage of this encoura ...

American Airlines (AAL) ended the recent trading session at $17.24, demonstrating a -1.93% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.54% for the day. Elsewhere, the Dow saw a downswing of 0.53%, while the tech-heavy Nasdaq depreciated by 0.66%.The world's largest airline's stock has climbed by 25.48% in the past month, exceeding the Transportation sector's loss of 3.56% and the S&P 500's gain of 1.5%.The investment community will be close ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start December, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and d ...

Citi to become the exclusive issuer of the AAdvantage® co-branded card portfolio in the U.S. 10-year agreement expected to expand loyalty and rewards offering for AAdvantage® members and Citi-branded cardmembers in the futureCombined Citi®/AAdvantage® card portfolio projected to drive incremental value for both companies FORT WORTH, Texas and NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- American Airlines and Citi today announced the extension of their more than 37-year co-branded partnership for the next dec ...

In the latest trading session, American Airlines (AAL) closed at $14.52, marking a -0.82% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.56%. Meanwhile, the Dow experienced a rise of 0.42%, and the technology-dominated Nasdaq saw an increase of 0.83%.Heading into today, shares of the world's largest airline had gained 9.25% over the past month, outpacing the Transportation sector's gain of 4.93% and the S&P 500's gain of 3.11% in that time.Investors will be eag ...

With air travel demand bouncing back from the pandemic lows, stocks from the Zacks Transportation - Airline industry are being served well. Air travel has continued to be particularly strong on the leisure front. Encouragingly, international demand is bouncing back.U.S. airline stocks are likely to continue flying high, with air travel demand likely to swell during the Thanksgiving holiday travel period. The record projection by the Airlines for America (A4A) — the trade organization for leading U.S. airlin ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Airline stocks are not my favorite investments due to the volatile nature of the business and the subsequent impact it has on the stock prices of airlines. We recently saw with Spirit Airlines, Inc. ( OTC:SAVEQ ) how shareholder valueDhierin runs t ...