ABA shares soar after JSE’s $12B bid for American Airlines

Stock futures on Wall Street rose on Friday as JSE announced it had secured a $12 billion bid for the American Airlines stock, which is trading near its record low.

JSE said the deal would provide for a $2.8 billion acquisition of American, which it has previously acquired from United Continental Holdings Inc. and other carriers.

JESI is one of the world’s largest aviation companies.

ABA stock rose more than 7 percent in after-hours trading to $22.19.

Shares of Delta Air Lines Inc. fell 0.3 percent after the company’s stock was boosted by the announcement of the deal.

Shares for Delta were up 3.6 percent at $19.69.

The deal will allow Delta to focus on a larger, more profitable plan, according to a statement from Delta.

“Delta will continue to lead our business and we expect that our share price will continue its upward trajectory through the merger,” Delta Chief Executive Officer Ed Bastian said in a statement.

The announcement was made during a news conference at the American Airline headquarters in Houston.

In a separate development, the company is seeking to acquire a minority stake in Southwest Airlines, a major U.S. airline that operates in nearly every major metropolitan area in the country, according the company.

The company is also exploring a possible takeover of American Airlines by private equity group Delta Capital Partners.

American is the second-largest airline in the world.

The airline industry is in the midst of a major shift, with many carriers seeking to focus more on growth than on profits.

For decades, American has been the dominant carrier in the U.K., France, Australia, and Germany.

That was until the last few years, when Delta began a dramatic consolidation and has since taken over more of the U, S, and Canada market.