
Shares of American Airlines (AAL) have had a stellar run in 2023 so far. This is due to the continued recovery in the pent-up demand post-pandemic, impressive results and lower fuel costs.
As of yesterday’s close, the stock is up more than 46% year to date (YTD). AAL is up 0.5% today after its competitor, Delta Airlines (DAL), reported record quarterly results this morning.