Why Shares of American Airlines Are Falling Today

Lou Whiteman, The Motley Fool
·2-min read
Why Shares of American Airlines Are Falling Today
Why Shares of American Airlines Are Falling Today

Airline shares are mostly higher on Friday, with American Airlines Group (NASDAQ: AAL) as a notable exception. Airlines have struggled due to the coronavirus pandemic, and with travel expected to take years to return, American and other carriers are cutting costs, strengthening liquidity positions, and preparing to ride out the storm.