Airline nosedive: American, United post huge pandemic losses

Airline nosedive: American, United post huge pandemic losses

American Airlines and United Airlines lost a combined $4 billion in the first quarter as the pandemic triggered a sharp drop in air travel. American Airlines Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in 2013. United Airlines also posted its biggest quarterly loss of $1.7 billion since 2008, from a $292 million profit in the same period of 2019

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David
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