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American Airlines adjusted loss narrows more than expected, as revenue jumps more than 4-fold

American Airlines adjusted loss narrows more than expected, as revenue jumps more than 4-fold

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American Airlines Group Inc. reported Thursday an adjusted loss that narrowed more than expected, revenue that more than quadrupled to beat forecasts and daily cash burn turned positive as the post-COVID-19 recovery continues. The stock slipped 0.4% in premarket trading, after soaring 12.8% over the past two days.

...read full article on Market Watch

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