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Fly News Breaks for February 27, 2020
AAL
Feb 27, 2020 | 08:46 EDT
Deutsche Bank analyst Michael Linenberg downgraded American Airlines to Hold from Buy.
News For AAL From the Last 2 Days
AAL
Sep 21, 2021 | 14:56 EDT
"[The Justice Department is] wrong and we will prove it. If indeed, as we expect, they issue a lawsuit, we will defend it. The good news about this is that it is entirely pro-competitive. We and JetBlue are putting our networks together to provide more choice to consumers, to increase competition particularly in the Northeast - in New York and Boston where American doesn't have as big of a presence as Delta [DAL] and United [UAL] and where JetBlue is larger but can't compete as well against them. By putting our networks together, we give more choices to consumers and it's already working. We have been at this now since January and we've already increased frequencies to new communities," Doug Parker, American Airlines' CEO, said during an interview with The Washington Post's Heather Long. According to earlier media reports, the Department of Justice is preparing to file a lawsuit that could come as soon as Tuesday to challenge American Airlines (AAL) and JetBlue's (JBLU) alliance announced in July 2020 as anticompetitive. Reference Link
AAL
Sep 21, 2021 | 12:04 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here
AAL
Sep 21, 2021 | 16:29 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here