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The Latest Breaking News from American Airlines

Raymond James Cuts United Airlines Price Target By ~23%

Raymond James analyst Savanthi Syth lowered the price target for United Airlines Holdings Inc (NYSE:UAL) to $48 (an upside of 35%) from $62 while maintaining the Outperform rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned…

Benzinga

Raymond James Cuts Delta Air Lines Price Target By ~6%

Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc's (NYSE:DAL) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and…

Benzinga

Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

CNBC Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities

Benzinga

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Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

American Airlines Group Inc (NASDAQ:AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American Airlines, United Airlines Holdings Inc (NASDAQ:UAL), and Delta Air Lines, Inc (NYSE:DAL) have reduced service…

Benzinga

American Airlines drops service to another city as pilot shortage slams carrier

American Airlines plans to drop service at Dubuque Regional Airport in Iowa in September, the fourth city the carrier has cut service to amid an ongoing shortage of pilots.

Tribune News Service

Pilot shortages add to US travel chaos as airlines struggle to meet demand

Southwest pilots picket in Dallas over stalled contract talks as American Airlines ends service to three cities

The Guardian - US

JetBlue again ups Spirit offer, but move could stall Fort Lauderdale growth

The bidding war between JetBlue and Frontier to acquire Broward Co., Florida-based Spirit Airlines now involves the future of Fort Lauderdale-Hollywood International Airport.

Tribune News Service

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American Airlines cancels flights to three cities indefinitely over pilot shortage

American Airlines says it has made the ‘difficult decision to end service’ at three airports

The Independent UK

American Airlines gives raises, bonuses to regional flight attendants

American Airlines gave another round of raises and bonuses to regional airline employees, this time bumping up pay for flight attendants at Envoy, Piedmont and PSA Airlines and offering incentives to keep flying all summer.

Tribune News Service

American Airlines Bulls, Bears Battle Over This Level: Where Will The Stock Land?

American Airlines Group, Inc (NASDAQ: AAL) was falling more than 2% on Tuesday after declining 20% between June 7 and Monday.

Benzinga

American Airlines inks deal for huge pay raises for regional pilots

Nearly 4,500 pilots at American Airlines’ three major regional carriers will receive massive pay raises that will bump hourly rates to as much as $90 an hour for new pilots.

Tribune News Service

An Arizona man says American Airlines is to blame for his wrongful arrest

Michael Lowe says he is still suffering from trauma following a 17-day experience in a New Mexico jail, according to a lawsuit filed Monday.

WEKU

Man blames American Airlines after being wrongly jailed for ‘excruciating’ 17 days

Michael Lowe’s life was thrown into turmoil after he was falsely identified by the airline as being wanted for shoplifting at Dallas-Fort Worth Airport

The Independent UK

This Man Says He Spent 17 Days in Jail After American Airlines Wrongly Fingered Him As a Shoplifting Suspect

Michael Lowe is suing the company in Texas, saying its negligence led to a life-changing ordeal.

Reason

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Tribune News Service

Singer Kacey Musgraves calls out American Airlines over ‘shockingly hostile’ employee

Kacey Musgraves might be a native Texan but she’s definitely not feeling the love from hometown carrier American Airlines.

Tribune News Service

Never too young to fly: Can high school programs solve the pilot shortage for airlines?

ADDISON, Texas — Clio Vazquez has traded his education in a high school classroom for a view of the runway and planes taking off at Addison Airport just north of Dallas.

Reason

Drag Shows for Children Under Fire in Texas

Plus: Proud Boys indicted for seditious conspiracy, the FDA prepares to crack down on almond milk, and more...

Chicago Tribune

Editorial: Fighting corruption should be a top priority for Illinois AG. Steve Kim has the right resume

The last time a Republican held the office of Illinois attorney general, Mayor Richard M. Daley was firmly ensconced in his reign, the musical “Chicago” had become a box office smash and the shoe bomber, Richard Reid, pleaded guilty to trying to take down an American Airlines flight over the…

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The Independent UK

Passengers ‘scream, cry and pray’ as smoke fills cabin on American Airlines flight

Take-off aborted following incident

Tribune News Service

Man says American Airlines blunder put him in jail for 17 days after traveling through DFW

An Arizona man says he wrongfully spent 17 days in a rural New Mexico jail in 2021 after American Airlines mistakenly pinpointed him while helping police with a theft investigation at DFW International Airport, according to a lawsuit filed in Fort Worth Monday.

Benzinga

American Airlines Raises Outlook, Falls On Fuel Cost Woes: Here's What To Watch

American Airlines Group, Inc (NASDAQ: AAL) was falling over 7% Friday after the company released its second-quarter outlook ahead of its earnings print expected July 21.

Tribune News Service

American Airlines has parked 100 jets due to pilot shortage

A shortage of pilots from retirements and pandemic cutbacks has forced Fort Worth-based American Airlines to park about 100 of its smaller regional jets, even amid strong summer passenger demand.

StockNews.com

Microsoft vs. Adobe: Which Software Stock is a Better Buy?

Given the rising adoption of advanced technologies and rapid digitization, the software industry is poised to grow in the near term. Prominent software stocks Microsoft Corporation (MSFT) and Adobe Inc. (ADBE) look well-positioned to capitalize on the industry tailwinds. But which of these stocks is a better buy now? Read…

Tribune News Service

American Airlines plane ran off runway at Charlotte airport, no injuries reported

CHARLOTTE, N.C. — An American Airlines plane briefly veered off a runway at Charlotte Douglas International Airport Thursday afternoon, according to the airline.

Tribune News Service

Spirit urges shareholders to reject JetBlue’s hostile bid

JetBlue Airways’ hostile takeover bid for Spirit Airlines took a bitter turn on Thursday as the board of directors of the South Florida-based discount carrier urged its shareholders to spurn the offer.

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