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We believe that one should keep a tab on stocks like General Motors (GM), CVR Energy (CVI), Delek US Holdings (DK), American Airlines (AAL) and Ford Motors (F).
American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.
Operating revenues increase 3.1% year over year at American Airlines (AAL) in Q1.
Business travel is on a steady ascent, aligning with the resurgence observed in the leisure travel sector over the past three years. On Thursday (April 25), American Airlines announced a record first-quarter (Q1) revenue of approximately $12.6 billion, with business travel showing robust growth, particularly among small- to medium-sized businesses.
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier confirmed its full-year financial forecast.
Thursday, April 25th, 2024 Pre-market futures are plummeting at this hour. We began the early trading session down anyway, based on earnings disappointments from Meta META and IBM IBM after yesterday's close.
CNBC's Phil LeBeau and American Airlines CEO Robert Isom join ‘Squawk Box' to discuss the company's quarterly earnings results, impact of Boeing's delivery delays, impact of Biden administration's new passenger refund rules, and more.
American Airlines CEO Robert Isom extolled Brazilian aircraft maker Embraer and excoriated Boeing Boeing on the carrier's earnings call Thursday.
CNBC's Phil LeBeau and American Airlines CEO Robert Isom join 'Squawk Box' to discuss the company's quarterly earnings results, impact of Boeing's delivery delays, impact of Biden administration's new passenger refund rules, and more.
The carrier looks set to fly above broader sector pressure despite a lackluster first-quarter performance.