American Airlines adjusted loss narrows more than expected, as revenue jumps more than 4-fold

american airlines adjusted loss narrows more than expected as revenue jumps more than 4 fold

Sumary of American Airlines adjusted loss narrows more than expected, as revenue jumps more than 4-fold:

  • American Airlines Group Inc. AAL, +4.09% reported Thursday an adjusted loss that narrowed more than expected, revenue that more than quadrupled to beat forecasts and daily cash burn turned positive as the post-COVID-19 recovery continues.

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