American Airlines Stock Slips as Shutdown Warning, Fuel Costs Pressure AAL
American Airlines shares fell to $10.30 Monday, trailing rivals as jet fuel prices surged and a partial U.S. government shutdown strained airport staffing. Executives warned Congress of possible travel disruptions during a busy spring season. American faces higher exposure to fuel costs and warned of a first-quarter loss after winter storms cut revenue. The airline presents at the J.P. Morgan Industrials Conference on Tuesday.