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American Airlines Group Inc.’s stock rose 1% Monday, reversing course from premarket as the airline’s pilots voted “overwhelmingly” in favor of authorizing a strike if necessary.
The Allied Pilots Association, a union that represents 15,000 American Airlines pilots, said that with more than 96% of its members participating, more than 99% had voted in favor of authorizing a strike. Talks with American Airlines AAL continue.
“We…
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This article was written by Follow Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future...
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