AAL is trading at $12.90 (+4.32%) on hopes that a U.S.-Iran peace deal will drive down oil prices and renewed merger speculation.

  • Shares saw a sharp pre-market surge to $13.06 (+5.6%) as falling energy costs are expected to bolster airline margins.
  • The move follows a close of $12.37 on May 5, though the company's $35B debt load remains a significant concern for investors.