American Airlines (NASDAQ: AAL) posted a $2.7 billion pretax loss for the second quarter, ending June 30, on a nearly $10 billion drop in revenue from last year.
American Airlines CEO Doug Parker called the second quarter of 2020 “one of the most challenging” in the Fort Worth, Texas-based airline’s history.
“There is much uncertainty ahead, but we remain confident we will emerge from this crisis more agile and more efficient than ever before,” he said in a statement.
Parker said American spent...
https://www.freightwaves.com/news/american-airlines-suffers-q2-loss-from-covid-19