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American Airlines shares tumble as outlook falls short - TL;DR CNBC

American Airlines shares tumble as outlook falls short

Publishing timestamp: 2025-01-23 12:02:20


Summary

American Airlines forecasts wider-than-expected loss for first quarter, shares drop nearly 9%. Earnings outlook contrasts with rivals United and Delta. American spent last year reversing fallout from failed business travel sales strategy. Despite challenges, American remains well-positioned with new credit card deal and strong network. Berkshire Hathaway underperforming after Buffett's exit news.


Sentiment: MIXED

Tickers: DALUALCAAL

Keywords: economymarketstransportationbreaking news: economyearningsbreaking news: marketsaerospace and defense industrybusinessunited airlines holdings incamerican airlines group inctravellifebusiness newsdelta air lines incbreaking news: businessairlinescitigroup inc

Source: https://www.cnbc.com/2025/01/23/american-airlines-aal-4q-2024-earnings.html


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