American Airlines Q3 2020 Financial Results. Q4 Cash Burn at US$25M-$30M/Day

[In The News]

MIAMI – American Airlines (AA) today reported its third-quarter financial results for 2020. Highlights from a company press release include (amounts expressed in US$): Third-quarter revenue of $3.2 billion, down 73% year-over-year on a 59% year-over-year reduction in total available seat miles (ASMs). Third-quarter pretax loss of $3.1 billion. Excluding net special items, third-quarter pretax […]

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