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StockNews.com
StockNews.com
Business
Pragya Pandey

1 Airline Stock That's a Better Buy Than American Airlines

American Airlines Group Inc. (AAL) is a network air carrier that provides scheduled air transportation for passengers and cargo. While pent-up travel demand continues to drive bookings, AAL cut more than 14,000 domestic flights from its December schedule as the carrier continues to reduce capacity due to a pilot shortage.

The cuts represent an 8% reduction in AAL's monthly schedule. AAL’s current schedule has the airline flying with 5.4% less capacity for the entire year than in 2019. In July, the company stated that it expects full-year capacity to be 7.5% to 9.5% lower than in 2019.

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