Airlines plead tech failure after government orders automatic refunds for wronged travelers [Fortune]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
americanairlines.gcs-web.com/investor-relations
Company Research
Source: Fortune
On a Thursday call with analysts , Frontier CEO Barry Biffle said airlines in the U.S. may not be equipped to handle the changes, which include disclosing fees and issuing refunds for customers in certain situations. He pointed the finger at the industry's tech incompetence. “I think the reason why some of the industry is having a challenge is because I think there's not the technology in place today to do exactly what they're looking for,” Biffle said. “But hopefully we can all get there.” Last week the Department of Transportation, led by Biden appointee Pete Buttigieg, published new rules that make refund policies more friendly to customers and more uniform across airlines. Among the changes, the new rules would force airlines to provide refunds if a flight is delayed for three hours or six hours for international flights, if a customer is downgraded to coach from first class, or if a flight changes to add more connections than expected. Frontier Airlines did not immediately
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAL alerts
High impacting American Airlines Group, Inc. news events
Weekly update
A roundup of the hottest topics
AAL
News
- Wilmington Airport Welcomes New Commercial Service [Yahoo! Finance]Yahoo! Finance
- Bahamas, anyone? American Airlines adds new flights from DFW to the Caribbean, Mexico [Yahoo! Finance]Yahoo! Finance
- American Airlines adds new Caribbean destination from Charlotte, in latest route option [Yahoo! Finance]Yahoo! Finance
- 3 Ways to Save $80 or More on American Airlines [Yahoo! Finance]Yahoo! Finance
- Airport announces luxury motorcoach ground service linking AVP, Philadelphia International [Yahoo! Finance]Yahoo! Finance
AAL
Earnings
- 4/25/24 - Miss
AAL
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- AAL's page on the SEC website