Analyst blasts American Airlines for troubling 'lack of vigor' and action to improve financial performance

• JP Morgan analysts criticized American Airlines for what they see as a lack of action to improve financial performance.
• American Airlines reported a 46% decline in profits during the second quarter of 2024.
• JP Morgan analyst Jamie Baker called American's "lack of vigor and embrace of status quo troubling."

JP Morgan analysts say American Airlines leadership isn't doing enough to shore up profits, calm anxious investors, and improve stock performance after disappointing second-quarter results.