Melius Research Downgrades American Airlines Due to Capacity Concerns
On July 7, 2026, Melius Research analyst Conor Cunningham downgraded American Airlines (AAL) from Buy to Hold due to concerns over the company's rapid capacity expansion. The firm worries that adding more seats could weaken ticket prices across the industry by increasing supply and reducing fare competitiveness.
Tickers: $AAL
Topics: airline industry capacity growth Melius Research stock downgrade