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American Airlines swings to another quarterly loss of £1.84 billion in Q3

Posted 2020-10-24, Invezz

American Airlines swings to another quarterly loss of £1.84 billion in Q3. The U.S. air carrier reports a 73% annualised decline in Q3 revenue. American Airlines cut its daily cash burn to £33.73 million in the third quarter.

American Airlines (NASDAQ: AAL) said on Thursday that it concluded the fiscal third

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