American Airlines Group Inc

AAL: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$94.90	Hrghv	Qtwqcjzq

American Airlines Earnings: As Fleet Grows, So May Risk of Chasing Share; Fair Value Down Nearly 6%

Nicolas Owens

Jul 20, 2023

American Airlines reported robust second-quarter results on July 20 that slightly surpassed our expectations for passenger revenue but also outstripped our estimate of labor and maintenance costs, especially over the coming quarters. We have lowered our fair value estimate to $11.50 per share from $12.20.

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