$2.2 billion first quarter loss posted by American Airlines

$2.2 billion first quarter loss posted by American Airlines

An astounding $2.24 billion dollar loss in the first quarter was posted by American Airlines. This corresponds to the time when the coronavirus pandemic ushered in a sharp drop in air travel. The airline reported a 19% drop in revenue, even as costs continued to rise due to the spread of the virus.

Tom A
Tom A
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