What happened A day after American Airlines Group (NASDAQ: AAL) reported a smaller-than-expected first-quarter loss, Wall Street is climbing on board. But the airlines have navigated the crisis more effectively than many expected them to back when demand for passenger flights was practically nonexistent, and now, with travel on the rebound, American looks poised to go along for the ride. The stock lost some of its earlier momentum along with the broader markets on headlines suggesting that the Federal Reserve was planning to take more aggressive actions to curb inflation, but as of 11:30 a.m.