That news finally helped me to make decision to jump in. Also, with laying off 17K folks, they basically built some cushions as well.
I think the bottom is in for now, but still a long way to go. At very minima, BA needs to go above 168-170 to even being considered as reversing this downtrend started almost a year ago. In the meanwhile, let's hope it does not go below the support line that was formed starting back in June 2022.
You can see this clearly on the two bluelines on this 3 year chart.