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
Keywords: economy, markets, transportation, breaking news: economy, earnings, breaking news: markets, aerospace and defense industry, business, united airlines holdings inc, american airlines group inc, travel, life, business news, delta air lines inc, breaking news: business, airlines, citigroup inc,
Source: https://www.cnbc.com/2025/01/23/american-airlines-aal-4q-2024-earnings.html