American Airlines posts second quarterly loss as COVID-19 hammers demand

Reuters2020-07-23

July 23 (Reuters) - American Airlines Group Inc reported its second consecutive quarterly loss on Thursday, as the coronavirus crisis crushed demand for air travel.

The U.S. airline reported a net loss of $2.07 billion, or $4.82 per share, for the second quarter ended June 30, compared with a profit of $662 million, or $1.49 per share, a year earlier.

Its total operating revenue plunged 86.4% to $1.62 billion.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Aditya Soni)

((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))

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  • 林方晟
    2020-07-23
    林方晟
    快跑吧,不跑要破产了
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