AMERICAN expects 2Q20 revenue to be 90% lower than 2Q19; total system capacity fell 75%. Its cash burn rate has decelerated from >$100m/day in April to $40m/day forecasted for June (down from previous $50m); it will end 2Q20 with $11b liquidity.

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.