American Airlines is up 3.02% at $46.42 a share on Thursday morning despite a decline in January travel demand.
The air carrier reported 0.3% decline in January traffic but said it continues to expect first quarter total revenue per available seat mile to be up 2.5 % to 4.5% year-over-year.
American Airlines reported earnings on January 27 which saw a fall in profit from a year earlier, when it recorded a $3 billion tax benefit.
Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!