Airline Stock Bounces Off Key Level As It Sets $1 Billion Miami Expansion
American Airlines stock rose 3% Thursday and is rebounding from an important chart level, as the airline boosts its Miami footprint. The company announced a $1 billion expansion of Concourse D at Miami International Airport that will add gates, eliminate outside boarding and provide more seamless movement for travelers. The concourse, which currently supports operations of regional flights, will add 17 gates for larger aircraft.
American Airlines stock rose 3% Thursday and is rebounding from an important chart level, as the airline boosts its Miami footprint. The company announced a $1 billion expansion of Concourse D at Miami International Airport that will add gates, eliminate outside boarding and provide more seamless movement for travelers. The concourse, which currently supports operations of regional flights, will add 17 gates for larger aircraft.