American Airlines expects first-quarter revenue to plunge 62% vs 2019

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# 18:42
13 April 2021

American Airlines said on Tuesday it expects its first-quarter revenue to plunge about 62% compared with the same period in 2019, and to post a loss of about $2.7 billion to $2.8 billion, excluding the gains from a payroll support program, APA reports citing Reuters.

The company had previously forecast a decline of between 60% and 65%.

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