American Airlines (AAL) Stock Price Today Holds Near $10.74 as Oil Above $105 Rekindles Fuel-Cost Fears
American Airlines shares edged up 2 cents to $10.74 premarket Thursday as Brent crude topped $106, raising fuel cost concerns after Iran ruled out talks with the U.S. The carrier warned higher fuel prices could add $400 million to first-quarter expenses, even as it expects revenue to rise over 10%. Delta shares climbed, United slipped. Jet fuel has surged to $150–$200 a barrel, forcing airlines to raise fares or cut outlooks.