American Airlines stock jumps - Expert Commentary - Dukascopy Bank
Thu, 28 Jan 2021 14:46:54 GMT
Source: Dukascopy Bank SA
At the start of Thursday's US trading, American Airlines Group's shares skyrocketed 22.80%, despite the announcement of record annual loss of $8.9B, caused by lockdowns and travel restrictions amid the pandemic.
In the meantime, the company announced that it expects the 2021 to be a year of recovery. The company's management announced that, as soon as travel restrictions are lifted, the company will be ready to start its operations.