Airline stocks rally, American cites plan to pay off loan
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FORT WORTH, Texas (AP) - Airline stocks rose Monday, spurred by signs that vaccine rollouts could set up a rebound in travel later this year. American Airlines, meanwhile, announced plans to raise $7.5 billion by borrowing against its frequent-flyer program aAirline stocks rally, American cites plan to pay off loan
FORT WORTH, Texas (AP) - Airline stocks rose Monday, spurred by signs that vaccine rollouts could set up a rebound in travel later this year. American Airlines, meanwhile, announced plans to raise $7.5 billion by borrowing against its frequent-flyer program and using the funds to pay off a federal loan ... Read more