AAL is trading at $12.13 (+5.48%) on record Q1 revenue and a narrower-than-expected loss, outperforming a broader market pullback.
- The airline reported record revenue of $13.9B (+10.8% YoY) and an adjusted loss of ($0.40)/share, beating analyst estimates.
- Strong TRASM growth of +7.6% YoY is driving the gains and helping the stock buck the downtrend in major indices, despite soft Q2 and full-year guidance.