American Airlines stock down 15% after quarterly guidance cut
The company also announced that its COO would be stepping down
Source: qz.com
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Turbulent Outlook For American Airlines: Analysts Cut Forecasts As Competitive Pressures Mount - American Airlines Gr (NASDAQ:AAL), Themes Airlines ETF (NASDAQ:AIRL)
American Airlines lowers Q2 EPS guidance, analysts cut price target. Departure of Chief Commercial Officer announced.
Source: benzinga.com
US Airlines To Pay Automatic Refunds For Canceled Flights
Airlines will now have to provide automatic refunds to travelers if flights are canceled or significantly altered under new US Department of Transportation rules, a significant change for consumers that could drive up costs across the industry.
Source: ndtv.com
New rules aim to ease air travel | The Arkansas Democrat-Gazette - Arkansas' Best News Source
The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.
Source: arkansasonline.com
New rules require airlines to automatically refund consumers for cancelled flights in US
US News: US Department of Transportation mandates automatic refunds for flight changes, impacting low-cost carriers. Seaport Research highlights potential cons
Source: indiatimes.com