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American Airlines (AAL) missed Wall Street expectations for its first quarter profit outlook, citing higher-than-expected costs, unclear strategic communication, and a reliance on more costly regional routes.
Meanwhile, Alaska Airlines (ALK) exceeded Wall Street profit estimates for its fourth quarter and forecast a smaller-than-expected loss for the first quarter. The company also reported strong demand and positive recovery trends, especially in business travel.
Additionally, Alaska Airlines's recent acquisition of Hawaiian Airlines fueled optimism for its growth trajectory.
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This post was written by Josh Lynch