US Airlines Cancel 1,139 Flights Due to Severe Winter Storms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Flight Cancellations: As of 12:30 PM ET, U.S. airlines have canceled 1,139 flights and delayed 3,808 due to severe winter storm warnings, significantly inconveniencing holiday travelers and impacting airline operational efficiency and customer satisfaction.
- Weather Impact: The National Weather Service has issued winter storm warnings expected to create hazardous travel conditions from the Great Lakes to the northern Mid-Atlantic and southern New England, with airports like JFK and LaGuardia warning of potential delays or cancellations, further exacerbating flight uncertainty.
- Airline Responses: JetBlue Airways has canceled 225 flights, the most among carriers, followed by Delta Air Lines with 186 cancellations, while other airlines like American Airlines and United Airlines also faced significant disruptions, highlighting the industry's vulnerability to extreme weather.
- Customer Service Measures: American Airlines has issued a travel alert allowing affected passengers to rebook without change fees, aiming to alleviate customer inconvenience and maintain brand reputation, despite the severe operational disruptions.
AAL
$15.49+Infinity%1D
Analyst Views on AAL
Wall Street analysts forecast AAL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAL is 15.00 USD with a low forecast of 10.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
5 Buy
7 Hold
1 Sell
Moderate Buy
Current: 15.680
Low
10.00
Averages
15.00
High
20.00
Current: 15.680
Low
10.00
Averages
15.00
High
20.00
About AAL
American Airlines Group Inc. is a holding company. Its primary business activity is the operation of a major network air carrier, providing scheduled air transportation for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. and partner gateways, including in London, Doha, Madrid, Seattle/Tacoma, Sydney and Tokyo, among others. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle. Its cargo division provides a wide range of freight and mail services, with facilities and interline connections available across the globe. It operates approximately 977 mainline aircraft supported by its regional airline subsidiaries and third-party regional carriers, which together operate an additional 585 regional aircraft. Its subsidiaries include American Airlines, Inc., Envoy Aviation Group Inc., PSA Airlines, Inc. and Piedmont Airlines, Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
