Your email has been successfully added to our mailing list.

×
-0.00102582242660051 0.000452776795189398 -0.00353731871241599 -0.00233463035019444 -0.00233463035019444 -0.00233463035019444 -0.00233463035019444 -0.00233463035019444
Stock impact report

American’s Pandemic Reality: We Will Be a Much Smaller Airline, Says CEO [Yahoo! Finance News]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
American’s Pandemic Reality: We Will Be a Much Smaller Airline, Says CEOPassengers looking to lock in cheaper airfare late this year or early next on American Airlines — or any U.S. carrier — may want to consider the risks. Amid so much change, carriers are unlikely to fly what they’re selling.American executives made that clear Thursday on their first-quarter earnings call, telling analysts the carrier will emerge from the Covid-19 as a smaller company. American is retiring its Boeing 757s, Boeing 767s, Airbus A330-300s and Embraer E190s, a net decrease of 80 mainline airplanes, and considering other retirements, mainly of older narrow-body jets. In addition, the airline’s regional arm permanently will park roughly 20 Bombardier CRJ200 jets, an inefficient 50-seat airplane.American’s executives told analysts they had no choice. Demand is not returning soon, they said, and in the first quarter, American burned $70 million in cash per day. Executives said they can cut burn to around $5 Show less Read more
Impact Snapshot
Event Time:
BA
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 BA alerts
Opt-in for
BA alerts

from News Quantified
Opt-in for
BA alerts

from News Quantified