INCIDENT WHERE TWO JETLINERS LANDED AT REAGAN NATIONAL WITHOUT TOWER CLEARANCE (AMR,UAL)

Federal regulators are looking into a report that an air traffic controller at Washington's Reagan National Airport fell asleep this week, which forced two jetliners to land without tower clearance.

Pilots from American Airlines (NYSE:AMR) and a United Airlines (NYSE:UAL) flight were unable to reach anyone at the airport tower when they approached Reagan National early on Wednesday.

AMR has a potential upside of 35% based on a current price of $6.43 and an average consensus analyst price target of $8.68.

AMR is currently below its 50-day moving average (MA) of $7.08 and below its 200-day MA of $7.25.

In the last five trading sessions, the 50-day MA has fallen 1.75% while the 200-day MA has slid 0.24%.

AMR Corporation operates an airline that provides scheduled passenger, freight, and mail service throughout North America, the Caribbean, Latin America, Europe, and the Pacific. The Company also provides connecting service throughout the United States, Canada, and the Caribbean. In addition, AMR provides aviation services, call center management services, and investment advisory services.