American Airlines stock slips despite Chicago hub expansion plan as storms, oil weigh
American Airlines shares fell 1.7% to $15.18 midday Monday after announcing 100 new daily spring departures from Chicago O’Hare, raising peak flights above 500. Airline stocks dropped broadly as winter storms disrupted U.S. travel and Brent crude climbed 2% to $61.86 a barrel. Over 9,000 flights were canceled or delayed nationwide over the weekend. Investors are watching disruption costs and spring demand.