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Benzinga
Benzinga
Business
Henry Khederian

Why American Airlines (AAL) Stock Is Seeing Blue Skies Tuesday

AAL American Airlines American American Airlines Group Benzinga Edge
Phoenix,,Az,-,December,7,,2019:,Photo,Of,American,Airlines

American Airlines Group Inc (NASDAQ:AAL) shares are soaring Tuesday afternoon, part of a broader rally among airline carriers.

What To Know: The surge followed the release of July’s inflation data, which brought welcome news for the sector. Investors were buoyed by a significant drop in gasoline prices, a major operating expense for airlines, which fell 1.5% during the month.

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