Why American Airlines (AAL) Stock Is Gaining Altitude Today

NEW YORK (TheStreet) -- Shares of American Airlines Group  (AAL) are up 3.47% to $42.88 this afternoon.

CEO Doug Parker hinted to investors at the carrier's annual shareholder meeting in New York today that the company will consider making some moves to boost shareholder returns.

He also noted the "New American" is on track to achieve the promised $1 billion in net synergies from its merger.

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A key question now is how long it will take to fully integrate the two carriers into a single airline and fully reap the expected benefits of creating the world's largest airline, the Dallas Morning News reports.

AAL Chart

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