American Airlines is benefiting from a record Thanksgiving travel surge, with 31 million Americans expected to fly. The company's fair value estimate has increased slightly from $15.02 to $15.07 due to improved fundamentals and analyst confidence in revenue growth. The airline will present at upcoming Goldman Sachs and Bernstein investor conferences in early December. However, an analyst survey indicates lower enthusiasm for vacations in 2026, and the stock is noted for its volatility, which presents both opportunity and risk.