Fast-paced Momentum Stock American Airlines (AAL) Is Still Trading at a Bargain
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american airlines association expects over 31 million passengers during Thanksgiving.
The American Airlines Association (A4A) stated that during the Thanksgiving period, the number of travelers by land, air, and cruise will break records, totaling nearly 80 million people, among which the number of airline passengers is expected to exceed 31 million, higher than last year's 29 million and 28 million before the COVID-19 pandemic in 2019. From November 26 (two days before Thanksgiving) to December 2, the number of travelers is 1.7 million more than the same period last year, with the average daily number of airline passengers increasing by 5% year-on-year to 2.8 million. On November 27 (the eve of Thanksgiving) and December 1 (the end of the Thanksgiving weekend), the daily passenger volume exceeded 3 million.
Thanksgiving tourists in the USA are expected to reach a new high. American Airlines (AAL.US) and other airlines are expected to benefit from it.
The usa Automobile Association states that the number of travelers will reach a new record during the Thanksgiving holiday, with nearly 80 million travelers expected to be on the move, including by plane and cruise.
Express News | Boeing has issued layoff notices to more than 400 employees, which are expected to take effect in mid-January next year.
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Fundamental improvement + bullish Trump policies, american airlines stocks rebound strongly! united airlines most powerful tripled in three months
The ticket booking volume and number of passengers in the aviation industry in the USA and globally are steadily increasing, which will continue to drive a strong recovery in the aviation industry; After Trump took office at the White House, the regulatory environment for the aviation industry is expected to be more relaxed, airline alliances are expected to return, and mergers and acquisitions between them will also become easier.
Express News | American Airlines Group Inc. : Barclays Raises to Equal-Weight From Underweight
Barclays Maintains American Airlines(AAL.US) With Hold Rating, Maintains Target Price $16
Goldman Sachs Maintains American Airlines(AAL.US) With Hold Rating, Raises Target Price to $15