Published:
Shares of American Airlines rallied in early Tuesday trading, as the air carrier’s fourth-quarter revenue miss was a direct result of the government shutdown.
As bookings had improved to start January, the company
AAL provided an upbeat revenue outlook for the current quarter, even as a winter storm, which pummeled most of the U.S., resulted in more than 9,000 cancellations of American flights and could lower revenue by up to $200 million.