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-0.000319386777387466 0.000312999041839619 0 0 0.000951772596614438 -0.000951772596614551 0.00287448099648674 0.00607473650590868
Stock impact report

American Airlines stops offering miles for basic economy fares [Yahoo! Finance]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
People enrolled in the carrier's AAdvantage program previously earned two miles and loyalty points for each dollar they spent on a regular fare. Now they will only earn points if they buy a more expensive ticket. The new policy, which American Airlines announced on Thursday, is effective as of December 17. "We routinely evaluate our fare products to remain competitive in the marketplace," American Airlines said in a statement to CBS News. "Customers who purchase a basic economy ticket on December 17, 2025, and beyond will not earn AAdvantage miles or Loyalty Points towards AAdvantage status. Basic Economy customers will continue to receive one free personal item and one free carry-on bag, free snacks, soft drinks and in-flight entertainment." Over the past decade, major airlines introduced bare-bones tickets with few perks to better compete with budget carriers . For example, purchasers of a basic economy ticket generally cannot reserve seats without charge, can't change their Show less Read more
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