AAL - American Airlines Group Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
25.42
-1.11 (-4.18%)
At close: 4:00PM EDT
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Previous Close26.53
Open26.27
Bid0.00 x 3200
Ask0.00 x 800
Day's Range25.35 - 26.51
52 Week Range25.14 - 43.89
Volume8,910,561
Avg. Volume6,566,793
Market Cap11.319B
Beta (3Y Monthly)1.88
PE Ratio (TTM)7.51
EPS (TTM)3.38
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & Yield0.40 (1.51%)
Ex-Dividend Date2019-08-06
1y Target Est38.56
Trade prices are not sourced from all markets
  • Why Is American Airlines (AAL) Down 19.7% Since Last Earnings Report?
    Zacks

    Why Is American Airlines (AAL) Down 19.7% Since Last Earnings Report?

    American Airlines (AAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • American Airlines sets date for rollout of uniforms from Lands' End
    American City Business Journals

    American Airlines sets date for rollout of uniforms from Lands' End

    A uniform saga with many dramatic twists and turns at the world's largest airline looks to have an end date in sight.

  • American Airlines Near Its Five-Year Low: Why the Drag?
    Market Realist

    American Airlines Near Its Five-Year Low: Why the Drag?

    American Airlines (AAL) stock is going through turbulent times. AAL has lost 17.4% of its market value YTD, underperforming the broader market.

  • How one group helped recruit American to fly DFW-Israel route
    American City Business Journals

    How one group helped recruit American to fly DFW-Israel route

    "That was really the missing piece," an Israeli tourism official said about American Airlines' new DFW-Tel Aviv route.

  • How Lowe's CIO will help lead the charge on retailer's technology transformation
    American City Business Journals

    How Lowe's CIO will help lead the charge on retailer's technology transformation

    Seemantini Godbole will lead employees at the $153 million Lowe’s Charlotte Tech Hub in South End, which will be home to up to 2,000 technologists.

  • Benzinga

    American Airlines Settles $22.1 Million Fine For False Mail Delivery Reports

    The U.S. Justice Department said American Airlines (NASDAQ: AAL) has agreed to pay a $22.1 million civil penalty to resolve allegations that it falsely reported the times it transferred U.S. mail to foreign postal services. The Fort Worth, Texas-based airline's failure to report accurate transfer times of U.S. mail violated the False Claims Act. The U.S. Postal Service (USPS) contracted American to gather containers of mail from six locations around the country, as well as at various Defense and State department facilities abroad, and then deliver them to numerous international and domestic destinations.

  • Why Airline Stocks Are Underperforming the US Market
    Market Realist

    Why Airline Stocks Are Underperforming the US Market

    The year so far hasn’t gone well for airline stocks, as the majority have underperformed the broader markets. The US Global Jets ETF (JETS) is up just 1.2% year-to-date.

  • 3 Airline Stocks to Buy on A4A's Rosy Labor Day Projection
    Zacks

    3 Airline Stocks to Buy on A4A's Rosy Labor Day Projection

    Airlines for America's bullish Labor Day projection further highlights the strong demand for air travel.

  • Will Boeing MAX Deliveries Resume in Q4?
    Market Realist

    Will Boeing MAX Deliveries Resume in Q4?

    Boeing plans to hire hundreds of temporary staff to help get the grounded 737 MAX planes ready for delivery. The company is waiting for regulatory safety approval.

  • American to pay $22M to settle allegations of falsified mail delivery times
    American City Business Journals

    American to pay $22M to settle allegations of falsified mail delivery times

    An American Airlines spokesperson said the airline has since remedied the issues at the heart of these allegations.

  • Reuters

    UPDATE 1-American Airlines to pay $22.1 million U.S. fine over mail delivery times -Justice Dept

    American Airlines Group Inc , the largest U.S. airline, will pay $22.1 million to settle claims it falsely reported the times it transferred possession of U.S. mail to foreign postal administrations or other intended recipients, the U.S. Justice Department said on Tuesday. The United States Postal Service contracted with American to take possession of receptacles of U.S. mail at six locations and then deliver it to numerous international and domestic destinations. The settlement resolves claims American Airlines falsely reported the times it transferred possession of the mail.

  • American Airlines Will Make First Class Classier on Some Jets
    Skift

    American Airlines Will Make First Class Classier on Some Jets

    American Airlines will tweak first class to add more leg space, extra in-seat power, and other amenities after passengers complained about the product on some retrofitted short-haul aircraft, but the carrier will keep economy as it is, the airline's chief financial officer Derek Kerr said Tuesday in an interview. "We are modifying certain things in […]The post American Airlines Will Make First Class Classier on Some Jets appeared first on Skift.

  • United Airlines facing major challenges on many China routes
    American City Business Journals

    United Airlines facing major challenges on many China routes

    The Chicago-based carrier has long sought to be the dominant U.S.-based carrier to China (and beyond), but now that focus on China could be growing increasingly problematic.

  • Congress group pens letter to American, mechanics unions over 2 issues
    American City Business Journals

    Congress group pens letter to American, mechanics unions over 2 issues

    More than two dozen members of Congress signed a letter to American Airlines and the unions which represent its mechanics as the two sides remain without a new contract. The letter was signed by 27 New York and New Jersey representatives. American Airlines Group, Inc. (Nasdaq: AAL) employs more than 2,000 employees at three of New York City's main airports: LaGuardia, John F. Kennedy and Newark Liberty, the group said.

  • ‘Flight shame’: A potential headwind for airlines in Europe
    Yahoo Finance

    ‘Flight shame’: A potential headwind for airlines in Europe

    In Europe, the concept of "flight shame" is rising as green consumers spurn air travel. What affect might it have on airlines?

  • American City Business Journals

    Here are Orlando International Airport's top air carriers so far this year

    Nearly 50 million people travel to Central Florida each year by air, passing through Orlando International Airport, the region's primary air hub — and most of them use the same seven airlines when booking their flights. Orlando's main airport services dozens of air carriers from all over the world, and the most popular carriers include Southwest Airlines (NYSE: LUV) and Delta Air Lines (NYSE: DAL). Further, top carriers such as Spirit Airlines (Nasdaq: SAVE), Southwest and Frontier Airlines are jockeying to stay at the top by adding new services this year from Orlando International to locations such as Dallas, Houston, Cincinnati, San Diego and the Dominican Republic.

  • This Big Bet on International Growth Could Hurt American Airlines Stock
    InvestorPlace

    This Big Bet on International Growth Could Hurt American Airlines Stock

    The past year and a half haven't been easy for American Airlines (NASDAQ:AAL). American Airlines stock is down a painful 55% from its January-2018 peak.Source: Shutterstock Every time it looked like it might snap out of that funk, it's managed to find an even lower low. The weakness will ultimately serve as a buying opportunity, even if this month's new 52-week lows don't end up being the ultimate bottom.At a trailing P/E of 7.8 and a forward-looking P/E of 4.6, AAL stock is priced as if an apocalypse is inevitable. That is to say, the worst-case scenario is already priced in, and then some.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs to when American Airlines stock will rebound though, and how well it recovers, most of that will hinge on the carrier's international business. Much of it's being rearranged, largely for the purpose of expansion. Expansion Plans and American Airlines StockAt first glance, news that American Airlines was adding another flight to and from Phoenix to Hermosillo, Mexico, could be shrugged off. Airlines add, and drop, regular flights all the time, as dictated by changing demand. * 10 Cheap Dividend Stocks to Load Up On This addition is tacked on to a string of new nonstop flights to and from Mexico has already added this year, however. American also added two new flights from Dallas to Tokyo two weeks ago. Around the same time, it announced a new route from Dallas and Tel Aviv, Israel, restoring service that was discontinued in early 2016.London, Athens, Madrid and Munich were also destinations of new flights from American this summer, even if only on a temporary basis.Africa is also an increasingly important destination from the United States. Vasu Raja, vice president of Network & Schedule Planning at American Airlines, explains:"We see the ability to develop Africa over multiple years - three, five, seven years. Today, we go fly to Casablanca, but through our partnership through Royal Air Maroc we can connect customers to a number of destinations in Africa. As those connections continue to grow, we'll be able to create value for more customers, and as we see where it is the customers grow, we can go to those places nonstop from a U.S. hub."The same may apply all over the world now, however."I think in three years what you will see is a much more globally diversified American Airlines that is operating in the markets that three or four years ago that it wouldn't have dared to dream about," Raja added. Longevity in QuestionThe underpinnings of the expansion are debatable, as is the longevity of the demand.Chief among concerns is a trade war, largely being fought with tariffs, between China and the United States that could create a ripple effect across the globe. Some fear it already has.The current administration hasn't been particularly dovish with Mexico in terms of trade either, calling into question the need for American Airlines' new routes to several destinations in Latin America.Concerned owners of American Airlines stock will also point out that the new routes added to Iceland in the middle of last year, in response to a travel boom at the time, are all going to be discontinued by October."The likely problem is that the airlines jumped in too quickly as soon as they saw a boom in Iceland's visitor numbers without anticipating the slowdown that will likely occur," Laura Beaton, Travel & Tourism analyst with London-based GlobalData said of the recently-added routes.It's entirely possible all carriers could be making a similar mistake with the addition of several new international routes. Changing Air Travel and American Airlines StockOn the other hand, it's also possible the air travel industry is at a critical turning point, where incomes are high enough everywhere and air travel is affordable enough everywhere that new international demand is here to stay.One underlying evolution driving that paradigm shift may be the jets themselves.It's difficult to call the early days of the 737-MAX series of passenger jets from Boeing (NYSE:BA) anything but a disaster. Two fatal crashes of the plane just a few months after they first took to the air have proven incredibly disruptive to previously-planned routes that have since been canceled or serviced by other planes with a different number of seats.Still, beyond the computerized safety system that appears to be the culprit of both crashes, the 737-MAX had proven to be 20% more fuel-efficient than comparable planes, thanks to the structural design of the aircraft.That upside still stands. Other aircraft designs will certainly borrow from the best aspects of the 737 MAX.Another key development? More, and better, infrastructure. More international hubs are being established, and more airports are being built.Meanwhile, existing airports are being improved in a way that allows them to accommodate more planes and passengers. This is particularly true of so-called "emerging and developing economies," where American Airlines is slowly but surely pushing its way in. Looking Ahead for American Airlines StockIn its long-term air travel outlook recently updated by International Air Transport Association (IATA), the organization predicts that the number of annual air travelers will more than double over the course of the next twenty years.By 2040, more than 20 billion total air trips are expected to be made. China and India will be featured prominently in that growth, as will Latin America. American Airlines is simply looking to stay ahead of that trend. Rival airlines like Delta Air Lines (NYSE:DAL) and United Airlines Holdings (NASDAQ:UAL) are seeking to do the same.But, somehow for the perpetually-less-profitable American Airlines, the effort to expand internationally is an opportunity to grow its margins to levels more like those of its peers.Still, it's an awfully big risk, if the industry's growth trend isn't as reliable as it seems on the surface.As of the time of this writing, James Brumley did not hold a position in any of the aforementioned securities. To learn more about James, visit his site at jamesbrumley.com, or follow him on twitter at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post This Big Bet on International Growth Could Hurt American Airlines Stock appeared first on InvestorPlace.

  • American wants mechanics to pay for flight cancellations. Will it work?
    American City Business Journals

    American wants mechanics to pay for flight cancellations. Will it work?

    American Airlines already won a legal battle against the unions that represent its mechanics. Now, the Fort Worth-based airline wants the mechanics to pay up. American Airlines Group Inc. (Nasdaq: AAL) asked U.S. District Judge John McBryde last week for sanctions against the Association, a joint venture of the International Association of Machinists and Aerospace Workers and Transport Workers Union, which together represent American's mechanics.

  • Lakeland airport may land first commercial flight with American Airlines
    American City Business Journals

    Lakeland airport may land first commercial flight with American Airlines

    The airport director said they have been in talks with the airline to get a connection to Charlotte.

  • Airport hits milestone with another big year of passenger growth
    American City Business Journals

    Airport hits milestone with another big year of passenger growth

    The number of MEM passengers has increased by about 938,000, or 20.7 percent, since the 2014-15 fiscal year.

  • 10 Undervalued Stocks With Breakout Potential
    InvestorPlace

    10 Undervalued Stocks With Breakout Potential

    The stock market has rushed to all-time highs in 2019 and -- despite recent trade-inspired turbulence -- is still on pace to have one of its best years in recent memory. But not all stocks have joined in on the rally. Instead, a handful of stocks have actually had a rough 2019, dropping big year-to-date into historically undervalued territory -- even while the market trades at a decade-high valuation.Some of these undervalued stocks are undervalued for a reason, and should be avoided for the foreseeable future. The fundamentals simply don't warrant a turnaround.But some of these undervalued stocks look primed for a breakout. That is, some of them appear unreasonably undervalued, with big catalysts on the horizon -- a combination which paves a tangible pathway for big upside.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Great Small-Cap Stocks to Buy With that in mind, let's take a look at 10 undervalued stocks with breakout potential in the back-half of 2019. Foot Locker (FL)Source: Shutterstock The Valuation: Because the athletic apparel sector sources a lot of production from China, many athletic apparel stocks find themselves at the epicenter of the U.S.-China trade war. Foot Locker (NYSE:FL) is no exception. The company's margins have come under significant pressure thanks to tariffs, and in response, investors have sold off FL stock to an anemic 8-times forward earnings multiple, versus a five-year-average forward multiple north of 12, a consumer discretionary sector average multiple north of 20, and a footwear sector average multiple north of 28.The Breakout Catalyst: Foot Locker's demand trends are healthy. Last quarter, Foot Locker reported nearly 5% comparable sales growth. Thus, the whole problem here is the trade war. If the trade war cools, FL stock will presumably rally in a big way. It increasingly appears that this will happen. U.S. President Donald Trump has delayed the next round of tariffs, while China is coming under intense internal pressure with the Hong Kong riots. Consequently, it appears both sides want to de-escalate trade tensions. Such a de-escalation should couple with strong demand drivers at Foot Locker to propel a breakout rally in FL stock into the end of 2019. CVS (CVS)Source: Shutterstock The Valuation: Pharmacy giant CVS (NYSE:CVS) is in the midst of multi-year downtrend thanks to adverse consumption and legislation trends, the sum of which have weighed on revenues, profits, and investor sentiment. Net net, CVS stock today trades at a depressed 8.5-times forward earnings multiple, versus a five-year-average forward multiple of over 13. * 3 Warning Signals a Stock Market Crash Is Coming The Breakout Catalyst: Both consumption and legislation trends are finally progressing in the right direction for CVS. On the consumption side, CVS reported a robust 4.2% increase in same store sales last quarter, including an impressive 2.9% increase in front store sales. This is mostly because, thanks to the Aetna acquisition, CVS is pushing forward on a promising local healthcare plan. Meanwhile, on the legislation side, the White House scrapped a PBM rebate program which would've been disastrous for CVS. Broadly, then, it increasingly appears that CVS stock is the early innings of massive multi-quarter rebound. AT&T (T)Source: Shutterstock The Valuation: Telecom-giant AT&T (NYSE:T) has featured a persistently cheap stock for the past several years. T stock trades at just 10-times forward earnings today and has averaged an 11-times forward earnings multiple over the past five years. In other words, T stock has been stubbornly cheap forever.The Breakout Catalyst: AT&T stock has been stubbornly cheap forever because the company has been staring at huge cord-cutting headwinds. Much like Disney (NYSE:DIS) has done over the past few months, though, AT&T is prepared to shake off those cord-cutting headwinds over the next few months thanks to the launch of a new content-packed streaming service in HBO Max. At the same time, the forthcoming 5G wave promises to provide a big boost to the company's wireless business. Thus, over the next twelve months, two big catalysts -- a full blown pivot into the streaming space and the mainstream roll-out of 5G -- will finally "wake up" T stock and spark a big breakout rally in this stubbornly cheap stock. American Airlines (AAL)Source: Shutterstock The Valuation: Airline stocks have been hit hard over the past twenty months, dragged down by rising oil prices in early 2018, slowing global air travel demand in late 2018 and the 737 MAX crisis in 2019. American Airlines (NYSE:AAL) has been no exception to the trend. If anything, it's been an out-sized loser, with AAL stock down more than 50% since early 2018. At present, given the the airline industry's sizable headwinds, AAL stock trades at just 5.5-times forward earnings, versus an airline average forward earnings multiple north of 8. * 15 Growth Stocks to Buy for the Long Haul The Breakout Catalyst: The fundamentals underlying the airline industry are positioned to meaningfully improve over the next few quarters. Oil prices will drop, as supply continues to outstrip demand in a slowing global manufacturing economy. Air travel demand will remain robust, as the global consumer economy remains on solid footing. 737 MAX planes will get back into the air by early 2020. Net net, by early 2020, top and bottom line trends across the whole airline industry should meaningfully improve, and that improvement should lead to a breakout recovery rally in depressed and beaten-up AAL stock. AMC Entertainment (AMC)Source: Shutterstock The Valuation: It's been a rough year for movie theater operator AMC Entertainment (NYSE:AMC), as sluggish box office trends in the first half of 2019 have breathed life back into the thesis that movie theaters are going extinct. As that thesis has gained traction, AMC stock has plunged to dirt cheap levels. Today, AMC stock trades at less than 0.3-times trailing sales. Three years ago, the trailing sales multiple was above 1.The Breakout Catalyst: July 2019 box office trends showed meaningful improvement from the January through June trend. August is off to a good start, too. The outlook for the rest of 2019 is also favorable, headlined by a second Frozen movie and the final installment in the latest Star Wars trilogy. As box office trends continue to improve into the end of the year, the "movie theaters are dying" thesis will start lose steam. As that thesis drowns out, investor sentiment will improve, and the stock will meaningfully recover. Ford (F)Source: Shutterstock The Valuation: After several years of red hot growth, the global auto market is cooling off. In that cooling market, U.S. auto giant Ford (NYSE:F) is losing share. The company's margins are also coming under intense pressure thanks to U.S.-China tariffs. Net net, revenue, margin and profit trends at Ford have been depressed for some time. This has led to an equally depressed Ford stock, which presently trades at just 7.2-times forward earnings. * 10 Cheap Dividend Stocks to Load Up On The Breakout Catalyst: The recent surge of proactive fiscal stimulus in the U.S. economy in the first half of 2019, should have a positive impact on auto market demand in the back half of 2019. Continued healthy labor conditions should similarly help reinvigorate auto demand. At the same time, Ford is aggressively reshaping its car portfolio to be more electric and thereby, more relevant. Tariffs are also being pushed back, and the trade war looks like it will cool down from here. Putting all that together, then, Ford's underlying fundamentals are positioned to improve significantly over the next few quarters. As they do, Ford stock should bounce back from today's depressed levels. Intel (INTC)Source: JHVEPhoto / Shutterstock.com The Valuation: When it comes to playing the next-gen AI and data revolution, chipmaker Intel (NASDAQ:INTC) offers investors arguably the cheapest way to do it. The company has exposure to all of those secular growth end markets (self driving, machine learning, hyper-scale data centers, so on and so forth). Yet, INTC stock trades at just 11-times forward earnings, mostly because Intel is a slow growth player in those market that is rapidly losing share to faster growing rivals.The Breakout Catalyst: INTC stock could charge higher for three big reasons. First, Intel's next-gen chips are finally here (and more are coming soon), so the company may finally be able to win share back from Advanced Micro Devices (NASDAQ:AMD). Second, the trade war appears to be cooling, and that's big for both Intel's demand and margins. Third, there are rumors out there that hyper-scale data center spend - which has taken step back thus far in 2019 - is finally starting to ramp back up. Those three catalysts together could push INTC up towards $60 within the next few quarters. IBM (IBM)Source: Shutterstock The Valuation: Much like shares of AT&T, shares of blue chip tech giant IBM (NYSE:IBM) have been stubbornly cheap for the past several years as the company has dealt with sluggish revenue, margin, and profit growth trends. Investors keep waiting for things to turn around. They never do. As such, IBM stock has been depressed for a long time. * 7 Safe Dividend Stocks for Investors to Buy Right Now The Breakout Catalyst: IBM's sluggish growth trends could finally turn around over the next few quarters, thanks to the integration of Red Hat. Last year, IBM announced its intention to acquire hybrid cloud company Red Hat. That acquisition just closed. Importantly, Red Hat is growing revenues at a much faster rate than IBM, and operates at higher gross margins. Red Hat also opens up IBM's cloud business to Red Hat's long list of hybrid cloud customers. Thus, the integration of Red Hat into IBM's business will provide a meaningful lift to IBM's revenue and profit growth trends. That lift should breathe life back into depressed IBM stock. Skechers (SKX)The Valuation: As mentioned earlier, the athletic apparel sector finds its square in the middle of the U.S.-China trade war. Athletic footwear brand Skechers (NYSE:SKX) is no exception. Consequently, as trade tensions have heated up in August, SKX stock has retreated. The stock now trades at less than 15-times forward earnings, versus an apparel retail sector average multiple of nearly 18 and footwear sector average multiple of nearly 30.The Breakout Catalyst: Prior to trade tensions heating up, Skechers reported blowout second quarter numbers which comprised big revenue growth, big margin expansion, and big profit growth. SKX stock soared in response to that print. The stock has since given up nearly all of those gains because of Trump's proposed new tariffs. But, those new tariffs are being edited and delayed -- and may never actually come into existence. As such, as fear surrounding those new tariffs eases and disappears over the next few months, SKX stock should bounce back to its post-earnings highs. Kohl's (KSS)Source: Sundry Photography/Shutterstock.com The Valuation: The physical retail sector has been killed over the past several quarters, mostly because a disappointing holiday 2018 season has flowed into continued sluggish sales trends through the first half of 2019. Kohl's (NYSE:KSS) -- one of the largest physical retailers in the U.S. -- has not been immune to the sell-off. In 2019, Kohl's comparable sales have dropped into negative territory, while margins have retreated. In response, KSS stock has dropped big, and now trades at a dirt cheap 9.6-times forward earnings multiple (versus a five-year-average forward earnings multiple of 12-plus). * 7 Great Small-Cap Stocks to Buy The Breakout Catalyst: The macro retail backdrop will meaningfully improve over the next few quarters, thanks to: 1) proactive fiscal stimulus in the first half of 2019, 2) continued favorable U.S. labor conditions, 3) plunging interest rates and 4) de-escalating trade tensions. Against that improving retail backdrop, Kohl's growth trends should bounce back because this company has a unique value prop (off price and off mall) and winning omni-channel growth strategy based on multiple Amazon (NASDAQ:AMZN) partnerships. As such, by the end of 2019, Kohl's comps should inflect back into positive territory, while margins should march higher. If so, KSS stock should bounce back in a big way from today's depressed valuation levels.As of this writing, Luke Lango was long FL, CVS, T, DIS, AMC, F, INTC, and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 10 Undervalued Stocks With Breakout Potential appeared first on InvestorPlace.

  • Southwest Stock Gains after Wolfe Research’s Upgrade
    Market Realist

    Southwest Stock Gains after Wolfe Research’s Upgrade

    Southwest Airlines (LUV) stock gained 3.3% Friday after Wolfe Research analyst Hunter Keay upgraded his rating to “outperform” from “peer perform.”

  • American Airlines gets smidgen of good news on labor front
    American City Business Journals

    American Airlines gets smidgen of good news on labor front

    The world's largest airline has had plenty to contend with this year on the labor front, but it got a little something to be happy about this week.

  • Timing the Market, Is it Possible? - August 16, 2019
    Zacks

    Timing the Market, Is it Possible? - August 16, 2019

    In the long-run, does consistent market timing really matter to be a successful investor?

  • Aer Lingus jumps at sudden chance to boost traffic out of Chicago (and elsewhere)
    American City Business Journals

    Aer Lingus jumps at sudden chance to boost traffic out of Chicago (and elsewhere)

    Aer Lingus hopes to gain in Chicago from Norwegian Air’s pain in other markets. Aer Lingus, the flagship Irish carrier that flies nonstop between Chicago’s O’Hare International Airport and Dublin, Ireland twice daily, commenced a massive fall fare sale within hours of low-fare international carrier Norwegian Air's announcement Thursday that it would cease all flying from markets in the United States to all cities in Ireland, effective mid-September.