Replies to post #31707 on American Airlines Group Inc (AAL)

[StockJunky]

It looks like the entire sector is taking off again....
Reasons I bought back in recently.........
American should get a nice chunk of Cuba (they already have a huge terminal in Miami International)
AAL has been buying back stock like crazy....
(AAL has closed above 50 MA for 4 days now - that will get some attention)
And now, this "Lawsuit".....
Yes, they dropped it.....
The only thing that "lawsuit" did was
focus(worldwide) attention on American Airlines concern for having the fastest, latest, internet service around...
That kind of publicity is priceless.......

[crudeoil24]

First major U.S. airline bankruptcy since 2011 filed.

Shares of Republic Airways Holdings (NASDAQ:RJET) are down 74% to $0.90 after the company filed for bankruptcy due chiefly to pilot turmoil.
The carrier offers feeder flights for Delta Air Lines (NYSE:DAL), American Airlines (NASDAQ:AAL), and United (NYSE:UAL). Those flights are expected to operate as normal while the bankruptcy case proceeds.
Republic's filing is the first major bankruptcy in the U.S. airline industry since American filed back in 2011.