Back in April, Deutsche Bank analyst Michael Linenberg forecast that by 4Q20, American Airlines (AAL) will be will generating 65% of 4Q19’s revenue – i.e. a year-over-year revenue decline of
Back in April, Deutsche Bank analyst Michael Linenberg forecast that by 4Q20, American Airlines (AAL) will be will generating 65% of 4Q19’s revenue – i.e. a year-over-year revenue decline of
American Airlines posted a $2.4 billion quarterly loss as the pandemic-induced travel halt put a dent on its peak summer season. Shares are declining 1.3% in Thursday’s pre-market trading. American
Airline earnings season kicked off with a bang, not a whimper, Tuesday morning — but unfortunately, not the good kind of “bang.” Industry leader Delta Air Lines (DAL) reported exploding
American Airlines (AAL) will begin to furlough 19,000 workers as the Payroll Support Program under the US CARES (Coronavirus Aid, Relief and Economic Security) Act expires today. AAL shares are
Shares in American Airlines Group rose 2.5% in Friday’s extended market session after the ailing airline secured a $5.48 billion loan agreement from the US government. The stock closed 4.4%
