American Airlines' stock has declined 32.22% in the past year and 18.16% year-to-date. The recent departure of Vasu Raja and downward earnings revision signal potential for more downside. Strategic missteps and technical indicators also point to a strong bearish trend.
Southwest Airlines is at a crossroads with its "bags fly free" policy as Elliott Investment Management reportedly pushes for changes after acquiring a $1.9 billion stake. The airline is considering introducing fees for checked bags, aligning more with industry trends that saw $33.3 billion in baggage fees last year.
Boeing is reportedly in talks for a landmark deal with El Al Israel Airlines for 30 of its 737 Max jets, aiming to replace older aircraft and modernize the fleet despite past safety concerns.