American Airlines Group Inc. (NASDAQ:AAL) shares are now up slightly after trading lower during Friday’s premarket session.

Traders digest a risk-on futures backdrop but keep a tighter leash on airline names after a strong multi-month run that's left the stock near a short-term inflection area on the chart. Airline stocks did trade higher on Wednesday as falling oil prices eased pressure on an industry squeezed by soaring fuel costs. 

• American Airlines Group shares are showing limited movement. What should traders watch with AAL?

Nasdaq futures are up 0.39% while S&P 500 futures have gained 0.38%.

Recent Earnings Snapshot

Last month, American Airlines reported first-quarter 2026 results, posting record revenue of $13.9 billion, up 10.8% year over year and above estimates of $13.794 billion. Adjusted net loss was $267 million, or 40 cents per share, beating estimates of a 47-cent loss.

For the second quarter, American expects revenue of $16.344 billion to $16.776 billion, roughly in line with estimates of $16.436 billion. The company expects adjusted EPS between a 20-cent loss and a 20-cent profit, versus estimates of a 5-cent loss.

The company lowered its full-year 2026 adjusted EPS outlook to a 40-cent loss, down from prior guidance of $1.70 to ...