10,000 flights canceled, a $200 million hit from the storm and a plunging stock: American Airlines' bad week

Dow Jones
2026.01.29 12:52
portai
I'm PortAI, I can summarize articles.

American Airlines faced a challenging week with over 10,000 flight cancellations due to a severe winter storm, leading to a projected revenue loss of $200 million. The airline's stock has dropped significantly, and it reported its first quarterly financial miss in six quarters. Despite the turmoil, Wall Street analysts have maintained their ratings, with some viewing the airline's investments as potentially beneficial in the long term. However, there are growing calls for leadership changes as customer dissatisfaction rises and competitive pressures increase.