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American Airlines Cuts Debt by US$2.8bn


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MIAMI – American Airlines (AA) announced via a press release the repayment of US$2.8bn of debt using various revolving credit facilities. The airline, which had an industry-topping US$41bn worth of debt and lost US$8.9bn last year, said it repaid the outstanding debt it took out in April 2020 as the airlines were scrambling to get […]

The post American Airlines Cuts Debt by US$2.8bn appeared first on Airways Magazine.

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