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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.84 USD | -2.02% |
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-2.59% | +0.04% |
| 05:34pm | JPMorgan Adjusts American Airlines Group's Price Target to $24 From $22 | MT |
| Apr. 25 | Sector Update: Consumer Stocks Mixed in Late Afternoon Trading | MT |
(Reuters) - American Airlines Group Inc said on Tuesday it had entered into a deal with Boom Supersonic to buy up to 20 Overture aircraft, with an option to purchase an additional 40 jets.
American added that it had paid a non-refundable deposit on the initial 20 aircraft, but did not disclose the size of the deposit.
Boom's Overture jet is expected to carry passengers at twice the speed of the fastest commercial aircraft available, the company said.
The jet is scheduled to roll out in 2025 and carry its first passengers by 2029, Boom added.
(Reporting by Nathan Gomes in Bengaluru; Editing by Vinay Dwivedi)
| 1st Jan change | Capi. | |
|---|---|---|
| +0.04% | 9.25B | |
| -5.80% | 16.31B | |
| +4.42% | 3.79B | |
| +4.39% | 1.61B | |
| +40.82% | 1.51B | |
| +11.26% | 1.4B | |
| +7.05% | 1.18B | |
| -6.58% | 1.13B | |
| -30.99% | 1.03B | |
| -6.25% | 986M |
AMERICAN AIRLINES GROUP INC. 
