Published on 17 Jun 2022 on Zacks via Yahoo Finance
Here's Why Investors Should Retain American Airlines (AAL) Now
The uptick in air-travel demand in the United States (particularly on the leisure front) bodes well for American Airlines AAL. However, escalated fuel costs are limiting bottom-line growth and acting as a primary headwind.
Factors Favoring AAL
The gradual improvement in air-travel demand in the United States is a huge boon for American Airlines, which currently carries a Zacks Rank #3 (Hold). Owing to this tailwind, the carrier upped its revenue outlook for second-quarter 2022.