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American Airlines lost $8.9 billion in a year of pandemic

Usa state Texas county Worth city Fort Worth, state Texas 2020 pandemic travelers
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FORT WORTH, Texas – American Airlines lost $2.2 billion in the fourth quarter as people stayed put in the pandemic, sending the carrier’s revenue plunging by nearly two-thirds from the same period a year ago.

American predicted that similar revenue trends from late 2020 will carry over into the first three months of 2021. The results ended a dismal year in which American Airlines Group Inc.

lost $8.9 billion after earning nearly $1.7 billion the year before. Shares of the Fort Worth, Texas, company surged more than 20% in trading before the opening bell, seemingly part of volatile trading elsewhere on Wall Street this week.

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United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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