American Airlines posts $2.4 billion net loss, cuts cash burn
American Airlines Group, the holding company of American Airlines (A1G) (AAL) (AA), announced a $2.4 billion loss in…
American Airlines, Inc. (AA) is a major US airline headquartered in Fort Worth, Texas. Founded in 1926, it is one of the world\’s largest airlines by fleet size, revenue passenger-kilometers flown, scheduled passengers carried, and number of destinations served. American Airlines, along with its regional partners, operates an extensive international and domestic network. The airline is a founding member of the Oneworld airline alliance, the third largest alliance in the world.