American Airlines: More Profitability to Come, Favorable Industry Outlook
July 25 2022 - 06:01PM
TipRanks
American Airlines (AAL) reported its second-quarter earnings on
July 21. Its results showed a massive bump in sales from the
prior-year period despite inflation, network disruptions, and labor
shortages. Moreover, it expects to post a profit during the third
quarter. Hence, due to its profitability prospects and the
broad-based recovery in travel demand, we are bullish on AAL stock.
American Airlines Operates in a Risky Industry Airline investors
have been through a lot in recent years. First, the industry
witnessed a significant fall in revenue during the peak of the
pandemic when travel demand ceased to exist.
https://www.tipranks.com/news/article/aal-stock-should-take-off-post-second-quarter-results?utm_source=advfn.com&utm_medium=referral
American Airlines (NASDAQ:AAL)
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American Airlines (NASDAQ:AAL)
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From Jan 2022 to Jan 2023