AMERICAN
AMERICAN now expects its 4Q20 average daily cash burn to come in at high end of previously forecasted range of $25m-$30m; it now projects to end 2020 with $14b in total available liquidity, which includes the undrawn portion of its CARES Act loan.
Subscription Required
AMERICAN is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.