American Airlines Stock Gains On Q4 Revenue, Margin Improvements

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The Street

By Martin Baccardax American Airlines said fourth quarter revenues would remain well below pre-pandemic levels, but should come in firmly ahead of their autumn forecasts. American Airline (AAL) – Get American Airlines Group, Inc. Report shares moved higher Tuesday after the biggest U.S. carrier said fourth quarter revenues came in firmer than expected while noting improving profit margins and increased liquidity. In an investor update filed with the U.S. Securities and Exchange Commission, American said fourth quarter revenues would still be down around 17% from pre-pandemic levels recorded in…

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