American Airlines’ (AAL) robust air travel demand is boosting its top line. The company’s efforts to expand and upgrade its fleet are commendable. However, high operating costs, driven by a surge in labor and fuel costs, are hindering American Airlines’ bottom line. Factors Favoring AAL Strong air travel demand, particularly on the domestic front, is boosting AAL’s top line. In the first quarter of 2024, consolidated traffic (measured in revenue passenger miles) rose by 10.5% year over year, reflecting this ...