American Airlines (NASDAQ:AAL) faces continued capacity limits at O’Hare after the FAA extended a 10% cap through Oct 2027, even as Susquehanna raised its $25 price target and management reports constructive Q2 demand, tighter margins vs. rivals, and gains from Spirit’s market exit.
Previous Week Recap
- O’Hare 2,708 Flight Cap Extended: FAA extended 10% cap at Chicago O'Hare through Oct 2027, keeping daily 2,708 flight limit and reduced slots that constrain American Airlines’ scheduling and capacity at its O'Hare hub
- Susquehanna Lifts AAL Target: Susquehanna lifted American Airlines (AAL) price target to $25 from $16. No rating change or timing details provided.
- AAL Q2 Demand Constructive: American Airlines (AAL) said in late May Q2 demand was constructive and management noted progress narrowing its margin gap with rivals, citing improved demand and operating performance.
- Isom: Spirit Exit Improves Competition: American Airlines Group Inc. CEO Robert Isom said Spirit Airlines’ shutdown improved competitive conditions in markets where American competes, noting the effects of Spirit exiting those routes.
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