American Airlines Turned Cash-Positive In May

American Airlines
Credit: Alex Wong/Getty Images
American Airlines said it turned cash-positive in May for the first time in a year, and expects the momentum to continue through the summer, driven by strong demand for leisure travel. Fort Worth-based American said in a market update that its seven-day moving average for net bookings had improved...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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