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AAL Jul 2025 15.000 call
- Yahoo Finance Video
Airlines on track for $30 billion in profit in 2024: IATA
Airlines are expected to bring in $996 billion in revenue in 2024, according to the International Air Transport Association. However, profit margins remain thin, as year-end profits are expected to be $30 billion. Yahoo Finance's Seana Smith and Brad Smith break down the latest report and what it signals for the airline industry. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Barrons.com
Second-Largest U.S. Pension Bought Temu Parent PDD Stock, Sold American Airlines
California State Teachers’ Retirement System bought more shares of PDD Holdings, Discover Financial, and Williams-Sonoma, and sold American Airlines stock.
- Reuters
American Airlines faces strike threat as union negotiations stall
"We remain apart on the key economics of the deal plus the company's completely unacceptable demand for scheduling concessions," the Association of Professional Flight Attendants (APFA) said in a statement. APFA said it believes that the National Mediation Board (NMB) which is overseeing the negotiations will bring the parties together for a "last ditch" effort in the next two weeks. American Airlines and the NMB did not immediately respond to request for comment outside regular business hours.
