Why American Airlines Stock Is Elevating Today
Airline earnings season got off to a strong start, with Delta Air Lines (NYSE: DAL) generating better-than-expected results. Investors are rushing in to buy shares throughout the airline sector, sending American Airlines Group (NASDAQ: AAL) stock up 12% as of 1:30 p.m. ET.
Image source: American Airlines
First-quarter earnings painted a sobering picture of the airline industry. Carriers talked back expectations for the year due to concerns about inflation and tariffs, leaving investors uncertain about what was to come.
Source Fool.com
