Tag Archives: AAL

The airline had a bad quarter. Analysts look at what comes next.

Text size Joe Raedle / Getty Images Major airlines survived what was probably the worst quarter in modern aviation history. Carriers lost billions of dollars, as expected, and the issue that emerged is that their recovery stalled in July when Covid-19 cases increased and states imposed quarantine measures. Most airlines …

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American Airlines loses losses as revenue falls 86%

American Airlines Group Inc. AAL, -0.95% recorded a large loss for the second quarter, as the trips were decimated by the coronavirus pandemic. The operator said it had a net loss of $ 2,067 billion, or $ 4.82 per share, in the quarter, after revenue of $ 662 million, or …

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