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Home / MLM News Roundup / American Airlines posts $2.2 billion loss during pandemic

American Airlines posts $2.2 billion loss during pandemic

American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coronavirus pandemic triggered a sharp drop in air travel. The airline's revenue fell 19 percent while costs continued to rise even as the virus spread. The situation facing the airline industry has grown more dire since the first quarter ended. Air travel ...