AMERICAN AIRLINES
AMERICAN AIRLINES expects to post net loss of $1.2b-$1.3b for 1Q21 on 62% lower revenues/43.4% lower ASMs vs 1Q19, ending quarter with $17.3b in available liquidity. Its average daily core cash burn for 1Q21 is expected to be ~$27m per day.
Subscription Required
AMERICAN AIRLINES is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.