Airlines have benefited from strong demand for travel and a limited number of flights and seats, in part because of a pilot shortage coming out of the worst of the pandemic. The result has been higher fares.
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Why American Airlines shares soared Thursday - Dallas Business JournalAmerican Airlines shares reached their highest point since May 2022 after the company said it will report a much bigger profit for the fourth quarter than previously expected.
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Airlines hope for return to normal Thursday after FAA outage snarls U.S. travelThe U.S. aviation sector was struggling to return to normal following a nationwide ground stop imposed by Federal Aviation Administration (FAA) early Wednesday over a computer issue that forced a 90-minute halt to all U.S. departing flights.
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Airlines expect U.S. operations to rebound on Thursday as FAA investigates outageU.S. airlines said they expect operations to return to normal on Thursday as the Federal Aviation Administration (FAA) scrambles to pinpoint the cause of a computer outage that grounded flights nationally and to prevent it from happening again.
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Airlines expect U.S. operations to rebound on Thursday as FAA investigates outageWASHINGTON/CHICAGO (Reuters) -U.S. airlines said they expect operations to return to normal on Thursday, as the Federal Aviation Administration (FAA) scrambles to pinpoint the cause of a computer outage that grounded flights nationally and to prevent it from happening again. Major carriers such as Delta Air Lines, United Airlines and Southwest Airlines said they expected normal operations on Thursday. Shares of American Airlines , which was not immediately available for a comment, were down about 1% premarket.
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American Airlines stock rises on stronger-than-expected profit viewAmerican Airlines Group Inc. stock is up 4.2% in premarket trades after the carrier said it expects adjusted fourth-quarter profit of $1.12 to $1.17 a share,...
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