Tuesday, January 21, 2014
Just How Solid Is American Airlines' First Operational Report?
After recently finalizing the merger between U.S Airways and AMR Corp., the December traffic results were the first operational release of the new American Airlines Group (NASDAQ: AAL ) . Investors were naturally able to add the individual traffic numbers together, but this release provides more convenience and gave a glimpse to whether the merger is already providing any benefits.
Considering both that Delta Air Lines (NYSE: DAL ) and United Airlines (NYSE: UAL ) had already provided traffic results for December, some of the positive numbers weren't a surprise. Investors need to recall that November's numbers were weak due to the return trip from the Thanksgiving holiday. The associated revenue and traffic numbers were counted for December.
Read the full article here.
Disclosure: Long AAL. Please review the disclaimer page for more details.