TWU Local 510
ATL-BWI-CLT-DCA-MCO
  • Download Our App!

    << February 2025 >>
    S M T W T F S
    1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28
    Newsletter Sign-up
    Sign-up for newsletter & email updates
    UnionActive Newswire
     
    Join the Newswire!
    Updated: Feb. 15 (16:04)

    Hall closed for Presidents Day February 17th
    IBEW Local 191
    2025 CA Labor Fed & State Building Trades Women's Conference
    IBEW Local 6
    2024 DUES PAID FOR TAXES
    IUEC Local 10
    New Hire List 2025
    IUEC Local 10
    Changes to the National Labor Relations Board
    Communications Workers of America Local 1120
    NEWS YOU CAN USE
    QUEENS AREA LOCAL 1022 AMERICAN POSTAL WORKERS UNION
     
         
    Site Search
    Site Map
    RSS Feeds
    Important Links
    TWU International
  • Citi Cuts American Airlines Price Target Amid Revenue Management Setback
    Posted On: Jul 31, 2024

    Citigroup Research has cast a shadow over American Airlines (NASDAQ:AAL) following the company's recent decision to reverse course on its revenue management strategy.

    This shift has led to a significant downward revision of earnings expectations, signaling a potentially delayed recovery for the carrier.

    Lower-than-anticipated revenue per available seat mile (RASM) and higher-than-predicted cost per available seat mile (CASM-ex-fuel) has made Citigroup recalibrate its financial model.

    As a result, the brokerage has slashed its target price for AAL to $13.50 from $16.50, reflecting a more cautious outlook.

    While American Airlines has made strides in reducing its substantial debt load accumulated during the pandemic, its leverage remains elevated compared to industry peers. However, the company's strong cash position and manageable short-term debt offer some financial stability.

    Despite this, Citigroup rates the stock as "Buy" underpinned by the broader industry's improving demand trends, the airline's ongoing debt reduction efforts, and the prospect of lower capital expenditures in the near future.

    Fluctuating fuel prices, economic downturns, labor unrest, and supply chain disruptions could derail American Airlines' progress. While successful labor negotiations and accelerated cost-cutting measures could propel the stock upward.


  • TWU Local 510

    Copyright © 2025.
    All Rights Reserved.

    Powered By UnionActive

    37750 hits since Feb 22, 2021


  • Top of Page image