RE: American Airlines finished *** UP 10.2% *** on the NYSE after results13 Jan 2023 07:45
I’m my opinion this will continue to rise from now on. Whilst the biggest expense (jet fuel) is up, the price of fares have increased in a greater proportion. All the my colleagues, friends and family moan about the increased air fares but value their holiday or business trip too much and are still going away. Sometimes, despite the media’s message of doom and gloom, you need to look at the buying behaviour of people around you. I expecting this to be above £2 when the results are announced at the end of Feb. Good luck to all the honest and hardworking traders out there.