AAL faces busy Monday with Dow Transport exit, debt update, demand test
American Airlines will be removed from the Dow Jones Transportation Average on Monday, replaced by FedEx Freight. AAL shares closed at $14.64 Friday, up 5.7% for the week. The company refinanced $1.15 billion in loans and took on $703 million in new debt, maturing in 2033. Deutsche Bank raised its price target to $18, citing improved returns and debt reduction.