American Airlines Group Inc (AAL)

[Easy1]

• U.S. air fares fell back 2.2% M/M in October, according to data compiled by the Bureau of Transportation Services.
• The fall is the third time in the last four months that fares have dropped. On an unadjusted year-over-year comparison, fares were down 5.2% during the month.
• The lower level of fares will factor into the hyper-watched revenue per available seat mile metric.
• BTS data
• Related ETF: JETS.
• Related stocks: ALGT, JBLU, SAVE, VA, LUV, DAL, AAL, UAL, HA, SKYW, ALK.