American Airlines Group Inc. (NASDAQ:AAL) Shares Rise While Oil Drop Lowers Fuel Costs; Margin Differential Remains

Shares in America increased by 4.7% to $15.99 in late Monday trading. The surge came after crude prices dropped significantly. Brent was at $83.74 as of 12:40 p.m. ET. Washington canceled a scheduled strike on Iran.

American Airlines (NASDAQ:AAL) faces outsized fuel-risk test as oil climbs

American Airlines (NASDAQ:AAL) faces outsized fuel-risk test as oil climbs

American Airlines Group Inc. enters Wednesday’s premarket with fuel exposure that looks unusually large beside its equity value. A sustained 10-cent-per-gallon increase in jet fuel would add about $450 million to annual expense, equal to 4.3% of the carrier’s $10.36 billion market capitalization, according to a Reuters calculation based on its latest filing and Tuesday’s market value.