NEW YORK, Jan 8, 2026, 09:08 EST — Premarket
- AAL stock edged lower before the open after American detailed a free in-flight Wi‑Fi rollout for loyalty members
- The AT&T-backed offer adds pressure on rivals as onboard internet becomes a baseline perk
- Traders are looking to late-January results for demand, cost and loyalty signals
American Airlines Group Inc (AAL.O) shares were down about 0.2% at $15.96 in premarket trade on Thursday after the carrier said it would roll out free, high-speed, satellite-based Wi‑Fi for members of its AAdvantage loyalty program, sponsored by AT&T. “Free high-speed Wi‑Fi isn’t just a perk — it’s essential for today’s travelers,” chief customer officer Heather Garboden said in a statement. The stock has traded between $8.50 and $19.10 over the past 52 weeks. 1
Airlines used to charge for onboard internet and call it an add-on. Now they use “free” Wi‑Fi to pull travelers into loyalty programs, a business that feeds fee income from co-branded credit cards — cards issued with banks that share fees and rewards. 2
Rivals have moved the same way. Delta Air Lines began offering free Wi‑Fi on most flights in 2023 through a T‑Mobile partnership, while United Airlines signed up Elon Musk’s Starlink for in‑flight internet services in 2025. 3
AT&T pitched the move as part marketing and part retention tool. “By sponsoring free inflight Wi‑Fi for American Airlines travelers, we’re making it easier for people to stay productive, entertained, and in touch from takeoff to landing,” Jenifer Robertson, AT&T’s EVP and GM for Mass Markets, said in the company’s release. 4
Wall Street is also circling the stock into earnings season. UBS analyst Atul Maheswari raised the firm’s price target on American to $21 from $20 and kept a buy rating, saying fourth-quarter expectations look “well-calibrated” and pointing to easing jet fuel prices and “easier” comparisons into early 2026. 5
Some strategists are framing the broader airline group as a seasonal trade, not a straight line. Raymond James said the rally can be “the final push higher in the seasonal trade for airlines,” which it said typically runs from October to February. 6
For American, the timing matters. The carrier has been trying to rebuild its premium offering to close a profitability gap with Delta and United, after years of operational and customer-service knocks. 7
But the Wi‑Fi pitch comes with its own risks. Free access can still mean higher costs, and any stumble on speed or reliability would land badly in a market that has learned to punish service hiccups. Competitive fare pressure or a jump in fuel prices would not help.
