Your email has been successfully added to our mailing list.

×
0 0 0 -0.00098477157360393 0 -0.000507614213197869 -0.00098477157360393 -0.00098477157360393
Stock impact report

Airlines cut flights as industry pushes for tariff relief amid declining demand [USA TODAY]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: USA TODAY
Industry officials have held meetings with senior members of the Trump administration including the President, asking them to restore the tariff-free regime under the 1979 Civil Aircraft Agreement, under which the sector enjoyed a $75 billion annual trade surplus. Trump's tariffs have ended its decades-old duty-free status. "Our government affairs team is hard at work on it to make the case as to why there should be a carve-out," American Airlines AAL.O CFO Devon May told Reuters. The aviation industry expects the exemption to help companies keep costs down during a sharp pullback in travel spending by consumers worried about slower economic growth and higher inflation. Airlines have been cutting flights in response to softening bookings. They have also been scrapping their financial forecasts and trying to control costs in a bid to protect margins. They are also pushing back against price increases for aircraft and parts as planemakers and engine makers seek to pass along the Show less Read more
Impact Snapshot
Event Time:
AAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AAL alerts
Opt-in for
AAL alerts

from News Quantified
Opt-in for
AAL alerts

from News Quantified