Why American Airlines' Earnings Beat Didn't Give It Any Lift

American Airlines (NASDAQ: AAL) has reported on its second quarter, and there was plenty for investors to smile about. Profit was higher than expected, passenger traffic is up, and management at the world's largest airline raised the low end of its full-year guidance range.

But the share price slipped, and in this segment of the MarketFoolery podcast, host Chris Hill and senior analyst Jim Mueller talk about why: The 737 Max is still grounded, and it's putting a drag on the whole airline industry. The two reflect on the outlook for American, how it and its peers are shifting their stances on Boeing, and more.

To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. A full transcript follows the video.

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